Shopping malls see fewer customers than previous years
According to America’s Research Group around 80 percent of consumers never set foot inside a shopping mall this holiday season.
Consumers would rather shop online or at free-standing stores. Britt Beemer, CEO of ARG, says there are three reasons why consumers avoid malls: time, lack of help and higher prices.
After a financially poor November and December, Macy’s has decided to close 40 of their stores nationwide. None of them are in the Borderland but half are located inside malls.
Evan Folan reports.
