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Seems like there was a move in the 90's to gigantify everything. Bookstores, electronics stores, gyms, etc. It was awesome because they had so much more selec
by daxfohl 11y ago
Seems like there was a move in the 90's to gigantify everything. Bookstores, electronics stores, gyms, etc. It was awesome because they had so much more selection than anything prior.
Now with the internet, that's no longer the case. There's absolutely no reason to drive out to a strip mall to find the book / electronics you want. Mega-gyms still succeed. Retailers need to find something else.
I wouldn't be surprised if malls start making a comeback in the US. There are lots of times you want to browse through tangible miscellanea, and the internet doesn't give you that. But it'll be different than the 80's, as shops in the mall will have to know better how to cater to a specific local demographic; generic won't cut it anymore. I wouldn't be surprised if they were anchored by fresh markets, the quintessence of "local".
- greedo 11y agoI think the high costs of using a mall location will cripple any boutique business that can't charge Apple-esque margins.
- 7952 11y agoIn the UK we have "garden centres" that feel like an iteration on malls. They tend to target a particular demographic very well (older people) and sell various side lines that are very profitable (like gifts, clothing, toys, and books). The quality of the plants act as very good word of mouth marketing device that brings people in. They don't have to bother trying to appeal to everyone.