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I am not confident on malls being a viable business on the coming years, but I am glad some corporations still believe in them since they generate tons of jobs.
by DevKoala 6y ago
I am not confident on malls being a viable business on the coming years, but I am glad some corporations still believe in them since they generate tons of jobs.
- deleted 6y ago[deleted]
- kube-system 6y agoI think they will continue to exist if they focus on their unique strengths that online cannot compete with. They'll never compete as a place to get a good price on a commodity widget. They'll become places for things where experience, sensation, or interaction are important.
- JoshTriplett 6y agoAgreed. There are a few (very few) cases where in-person still wins heavily; clothing, for instance. Are there any malls out there run as a co-op between the businesses within, rather than as a separate business that leases space out?
- bobthepanda 6y agoMaybe not a mall, but isn't a food hall a very limited interpretation of this?
- lainga 6y agoLot of the small Japanese shopping arcades are organised that way
- goatforce5 6y agoIt seems as though their model is to have malls with Ikeas attached. Some with really large Ikeas, others with smaller Ikea pick-up points or whatever. Ikea generates a ton of foot traffic. Using that as the anchor will probably guarantee a lot of traffic to the other stores in the mall (when many malls are losing their long standing anchors). It seems like a pretty smart idea to me.
- bobthepanda 6y agoI mean, how well has that worked out for the Macy's furniture division?