Question

In: Economics

what are the negative effects of shopping from malls instead of the small shops?

what are the negative effects of shopping from malls instead of the small shops?

Solutions

Expert Solution

Answer -
Negative effects of shoping from malls rather than small shops.
1.In case of shopping malls all items like grocery,cloths,vegetables,fruits,stationery etc.and all many things available under one roof with discount s in prices so people prefer shopping from mall rather than small shops.Because of this small shops are facing a risk of closure.
2. In case of shopping malls various schemes and benifits are available to customers like attractive offers,discount schemes,reward points so customers are can purchase variety of products at cheaper rate so many customers replace their shopping from small shops to purchasing malls.
3.Because of theses shopping malls there is a decline in share of sale of groceries,fruits, stationery, garments,shoes,elecronic goods available with small retail shops.It makes more challenging to small shopkeepers for survival.
4.The income levels of small shops keepers are getting reduced because of shopping malls.Many times thay aren't receiving sufficient in ome even for satisfying basic requirements so many shopkeepers aren't able to make any savings.
5.As increasing importance of shopping mall in modern world creates unemployment situation for small shopkeepers and retailers. In this way shopping mall adversely effects the functioning of small business and retailers.


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