Page 1 of 1
Cash strapped Vatican Opens its First ever Shopping Mall
Posted: March 24th, 2023, 10:21 am
by GüdFüdDude
Why build a shopping mall in a religious capital? Some interesting incentive$ and motivation$ revealed. If it works, shell LLCs needed soon ...
*******
https://12ft.io/proxy?q=https%3A%2F%2Fw ... ng-mall%2F
"ROME — The economically-ailing Vatican has inaugurated a 120,000-square-foot shopping mall to cater to the millions of tourists and pilgrims that visit it each year.
After eating millions of dollars in losses on bad investments and running a serious deficit for several years in a row, the Vatican has opened the “Caput Mundi” Mall a stone’s throw from Saint Peter’s Basilica as an added revenue stream to supplement its flagging finances.
The new mall boasts over 40 boutiques featuring select Italian and foreign brands and includes clothing, accessories, jewelry, toys, cosmetics, and an exclusive and innovative food hall complete with a sushi bar.
Caput Mundi is adorned with an eclectic collection of contemporary artworks, including five original pieces by gay icon Andy Warhol.
The irony of the Vatican’s first shopping mall being launched during the pontificate of Pope Francis, a caustic critic of capitalism who has called for “a poor church for the poor,” has been lost on no one.
Earlier this month, the pontiff abolished housing discounts for cardinals, bishops, and other Vatican officials, citing a need to increase “revenues from the management of real estate assets.”
From that point on, if prelates or Vatican department heads wish to continue living in Vatican apartments or other lodgings, they will be required to pay market prices, the Holy See declared.
According to Cardinal Gerhard Müller, the former head of the Vatican’s doctrinal office, Pope Francis has surrounded himself with a group of opportunistic advisers and informants who are lining their pockets at the Church’s expense.
“The biggest danger to the Pope these days are these opportunists, careerists and false friends who are concerned not for the good of the Church, but for their own financial interests and self-advancement,” Müller said in 2017.
The Vatican receives some four million visitors annually but projects an influx of 35 million tourists and pilgrims for the Jubilee Year in 2025.
...
A Gasak spokesperson said the mall should become “one of the most important points of reference for shopping in the center of Rome, a boutique experience where the user feels he or she’s at the capital of the world.”
Re: Cash strapped Vatican Opens its First ever Shopping Mall
Posted: March 24th, 2023, 1:46 pm
by HereWeGo
GüdFüdDude wrote: ↑March 24th, 2023, 10:21 am
Why build a shopping mall in a religious capital? Some interesting incentive$ and motivation$ revealed. If it works, shell LLCs needed soon ...
*******
https://12ft.io/proxy?q=https%3A%2F%2Fw ... ng-mall%2F
"ROME — The economically-ailing Vatican has inaugurated a 120,000-square-foot shopping mall to cater to the millions of tourists and pilgrims that visit it each year.
After eating millions of dollars in losses on bad investments and running a serious deficit for several years in a row, the Vatican has opened the “Caput Mundi” Mall a stone’s throw from Saint Peter’s Basilica as an added revenue stream to supplement its flagging finances.
The new mall boasts over 40 boutiques featuring select Italian and foreign brands and includes clothing, accessories, jewelry, toys, cosmetics, and an exclusive and innovative food hall complete with a sushi bar.
Caput Mundi is adorned with an eclectic collection of contemporary artworks, including five original pieces by gay icon Andy Warhol.
The irony of the Vatican’s first shopping mall being launched during the pontificate of Pope Francis, a caustic critic of capitalism who has called for “a poor church for the poor,” has been lost on no one.
Earlier this month, the pontiff abolished housing discounts for cardinals, bishops, and other Vatican officials, citing a need to increase “revenues from the management of real estate assets.”
From that point on, if prelates or Vatican department heads wish to continue living in Vatican apartments or other lodgings, they will be required to pay market prices, the Holy See declared.
According to Cardinal Gerhard Müller, the former head of the Vatican’s doctrinal office, Pope Francis has surrounded himself with a group of opportunistic advisers and informants who are lining their pockets at the Church’s expense.
“The biggest danger to the Pope these days are these opportunists, careerists and false friends who are concerned not for the good of the Church, but for their own financial interests and self-advancement,” Müller said in 2017.
The Vatican receives some four million visitors annually but projects an influx of 35 million tourists and pilgrims for the Jubilee Year in 2025.
...
A Gasak spokesperson said the mall should become “one of the most important points of reference for shopping in the center of Rome, a boutique experience where the user feels he or she’s at the capital of the world.”
I wonder if any other churches have done something like this?
Re: Cash strapped Vatican Opens its First ever Shopping Mall
Posted: March 24th, 2023, 2:14 pm
by JK4Woods
HereWeGo wrote: ↑March 24th, 2023, 1:46 pm
GüdFüdDude wrote: ↑March 24th, 2023, 10:21 am
Why build a shopping mall in a religious capital? Some interesting incentive$ and motivation$ revealed. If it works, shell LLCs needed soon ...
*******
https://12ft.io/proxy?q=https%3A%2F%2Fw ... ng-mall%2F
"ROME — The economically-ailing Vatican has inaugurated a 120,000-square-foot shopping mall to cater to the millions of tourists and pilgrims that visit it each year.
After eating millions of dollars in losses on bad investments and running a serious deficit for several years in a row, the Vatican has opened the “Caput Mundi” Mall a stone’s throw from Saint Peter’s Basilica as an added revenue stream to supplement its flagging finances.
The new mall boasts over 40 boutiques featuring select Italian and foreign brands and includes clothing, accessories, jewelry, toys, cosmetics, and an exclusive and innovative food hall complete with a sushi bar.
Caput Mundi is adorned with an eclectic collection of contemporary artworks, including five original pieces by gay icon Andy Warhol.
The irony of the Vatican’s first shopping mall being launched during the pontificate of Pope Francis, a caustic critic of capitalism who has called for “a poor church for the poor,” has been lost on no one.
Earlier this month, the pontiff abolished housing discounts for cardinals, bishops, and other Vatican officials, citing a need to increase “revenues from the management of real estate assets.”
From that point on, if prelates or Vatican department heads wish to continue living in Vatican apartments or other lodgings, they will be required to pay market prices, the Holy See declared.
According to Cardinal Gerhard Müller, the former head of the Vatican’s doctrinal office, Pope Francis has surrounded himself with a group of opportunistic advisers and informants who are lining their pockets at the Church’s expense.
“The biggest danger to the Pope these days are these opportunists, careerists and false friends who are concerned not for the good of the Church, but for their own financial interests and self-advancement,” Müller said in 2017.
The Vatican receives some four million visitors annually but projects an influx of 35 million tourists and pilgrims for the Jubilee Year in 2025.
...
A Gasak spokesperson said the mall should become “one of the most important points of reference for shopping in the center of Rome, a boutique experience where the user feels he or she’s at the capital of the world.”
I wonder if any other churches have done something like this?
…that’s probably why Rusty popped over to confer with the Pope when in Rome a couple years ago.
Pope: but how did you get past the crass commercialism of building a mall right next to your main temple, using exorbitant budgets..??
Rusty: we just waited them out. Sure there were some criticisms but we Mormons love shopping more. All our members see it as a good thing now…
Re: Cash strapped Vatican Opens its First ever Shopping Mall
Posted: March 24th, 2023, 2:54 pm
by Seed Starter
Gross! I've lived in Salt Lake or Utah county most of my 50 years and have never been to city creek. Knowing these places exist helps solidify my thoughts on the true purpose of churches in this world.
Re: Cash strapped Vatican Opens its First ever Shopping Mall
Posted: March 24th, 2023, 3:27 pm
by MikeMaillet
Finding out about the mall was like waking up to one of those old wind-up alarm clocks with the two bells, but my waking up led to good things for me such as understanding the Book of Mormon, opening up of Isaiah, the power of prayer and a deeper love for my Saviour.
I laughed out loud when I read about the Vatican and its mall; thanks for sharing that one. Yes, let's build a mall just before a major worldwide economic collapse. Such wisdom.
1, 2, 3, Let's go shopping!
Mike
Re: Cash strapped Vatican Opens its First ever Shopping Mall
Posted: March 24th, 2023, 3:36 pm
by TheDuke
See the Pope dues emulate RMN and current church leaders!
As I seem to recall. It is really pricey to get into places in the Vatican. Last time I went I think I skipped going to the roof, climbing the basilica (quite twisty), I might have poneyed up to see the Sistene. but once you see them and the terrible crowds, to me is enough.
At the time all the shopping close was small stalls and people carrying stuff.
I did go to the coolest ever McD's under the Steps! 5 stories, filled with art museums, all underground.
Re: Cash strapped Vatican Opens its First ever Shopping Mall
Posted: March 24th, 2023, 3:42 pm
by Robin Hood
Now we know what Pres. Nelson and Pope Francis found they had in common.
Re: Cash strapped Vatican Opens its First ever Shopping Mall
Posted: March 24th, 2023, 5:06 pm
by TheDuke
Robin Hood wrote: ↑March 24th, 2023, 3:42 pm
Now we know what Pres. Nelson and Pope Francis found they had in common.
determining which shops are most "prophetable"?
Re: Cash strapped Vatican Opens its First ever Shopping Mall
Posted: March 24th, 2023, 5:13 pm
by TheDuke
and perhaps even considerations of how much of the food should be Kosher, or meet Muslim needs? Lots of mall choices common between Catholics and Mormons.
Re: Cash strapped Vatican Opens its First ever Shopping Mall
Posted: March 25th, 2023, 12:16 pm
by Christianlee
At least the money given to a Catholic parish stays with the parish. They have a once a year special offering to Peter’s Pence for it to go to the Vatican. Of course all of that is completely voluntary. Perhaps the Pope is getting money from Bill Gates and Pfizer to push the clot shots.