Malls Are Dying, But There’s A 3-Step Plan That Can Save Them [Forbes]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: Forbes
Malls Are Dying, But There’s A 3-Step Plan That Can Save Them After spending the last few weeks writing about the grocery industry, it is time to discuss another industry that is in an even greater state of upheaval — the shopping mall industry. The mall game has become a split between the haves and the have-nots. Class A malls are thriving, while Class B and C malls are struggling into a haunted house this October Talk about irony! It is easy to see why all this is happening. Prior to the 1990s malls were an incredibly efficient way for consumers to shop Then things changed with the rise of e-commerce. Now the entire product catalog of the world is available to the American consumer right from the palm of his or hand, on the way to or from work, at work, or even sitting on his or her butt at home. The convenience factor of malls as a one-stop shop for “closet-loading” (my term to reference the specialty apparel equivalent of grocery pantry loading) is dead. Malls just aren’t worth th
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