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Haven't we known for years that traditional malls are dying? So-called "lifestyle centers", typically anchored by a Whole Foods or otherwise hard-to-virtualize
by twoodfin 14y ago
Haven't we known for years that traditional malls are dying? So-called "lifestyle centers", typically anchored by a Whole Foods or otherwise hard-to-virtualize establishment, have been sprouting up for a decade.
And there's still room for specialty retailers. Somehow the two highest revenue/square foot stores didn't make it into these tables.
Yes, the traditional 50+ store indoor mall is a dinosaur, and there will be fewer and fewer of them each year. No, Americans are not going to stop shopping IRL.
- sneak 14y agoWhat is a high-volume business that has mass-market appeal and can benefit from falling retail costs? It has to be something that you'd never buy online, or that has some major advantage to physically handling before purchase... or maybe some sort of service.
- ams6110 14y agoClothing, fresh food (meat, produce, etc.) prepared food (eat in and take out), and I think consumer staples (soap, toiletries, misc) that's just quicker to pick up on the way home than to order and wait for. Unless you're really well organized, you tend to buy that stuff when you've run out and you won't want to wait a few days for shipping.