A in your local mall after all. In 2019 shopping malls across the country hit a 20-year low in sales mainly due to the prevalence of e-commerce. This even more convenient method of shopping allows customers to not only buy items from the comfort of their homes but it also means their purchases will be delivered to them. It’s hard to compete with that level of ease. And as of late this has led to many once-anchor stores — the large department stores that drew people to malls in the first place — to shutter. From Sears to JCPenney to Gap no brand is immune to.
These changes in the marketplace. Placating and Innovating The Effort to Keep Malls Belize WhatsApp Number AppealingWith shoppers able to purchase most goods online the few mall tenants that have been hanging in there have had to find creative ways to attract customers. Ever feel like department stores such as Macy’s have constant sales Well many of these big-name brands tried to have regular and exclusive deals to drive the number of mall shoppers. But impressive online sales aren’t unheard of so setting those in-person events apart is tricky.
Even “doorbuster” Black Friday sales just don’t have the same draw as they used to especially with “Cyber Monday” becoming more like “Cyber November”. The remains of a JCPenney department store is seen at an abandoned shopping mall in Roanoke Rapids North Carolina. Photo Courtesy Andrew Caballero-ReynoldsAFPGetty ImagesIn order to further increase foot traffic many shopping malls across the country pivoted a bit; medical offices gyms and more have set up shop in retail spaces once occupied by Hollister and GameStop for example. A tenant is a tenant after all but maybe going to the dentist at your local mall will lead you to browse the remaining.