A shopping center for another era

Dubai is struggling. Las Vegas and upscale retailers aren't as recession-proof as once thought. No doubt things will get better over time, but I suspect the luxury boom of the last decade is past its peak. There will always be rich people, but the strategy of selling high-end goods to the masses went too far.

With that said, the ritzy Crystals shopping center at City Center in Vegas opens today. Good luck.