Is this the End of Retail ?
Is this the end of the line for shopping malls ? I think not.. As all business in our growing population, businesses need to diversify to survive. While the big companies have new tenants come & go, they are now looking into other avenues to keep the share holders returns. Things like boutique bars ( subject to local council approval of course )
A great thing we see these days is the " pop up " store.. This gives people who may have a great product or been doing market circuit for a while, the opportunity to step their toe in the retail water & get a feel for the retail world
Yes it is getting harder to compete online, but if people think outside the square to create a shopping experiece you might be surprised at what new ideas bring !
Happy Retailing !
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