If you want it to, sure, it absolutely can!
> It's pretty clearly saying that it is bad that people who speak foreign came into the area, not just neutrally "describing [a] demographic shift of the mall "
No, it really isn't clearly saying what you're ascribing. That's your reading into it what you want to see. No one cries racism when an article about affluent whites taking over a neighborhood. This is just a different shift.