The End Of Shopping As We Have Always Known It?

(idexonline.com) - Remember the old days when we used to go to shopping malls to buy products? When we would leisurely walk through the mall, looking into endless shops and checking booths, enjoying the experience before loading up and heading home? We may not have approached that point yet, and the above may possibly relate more to 2027 than 2017, but the countdown for shopping malls has been underway for some years. In the United States, the sight of crumbling monstrosities built in the 1960s that nobody is interested in reviving is not uncommon. The retail sector continued to build too much space into the 1990s and early 2000s, and that created a bubble similar to the housing bubble which burst with such disastrous results in the great financial crisis of 2008. The result was doors closing and dropping rents, and eventually closures.