Are shopping malls losing the game to stand alone stores?

They epitomise America’s consumerist society and have contributed terms like ‘mall hopping’ and ‘mall rats’ to popular lexicon. But are shopping malls in the US losing the game to stand alone stores?

THE DEVIL IS NOT REALLY IN THE RETAIL.

As we step into a new year, we are also entering a new era of business and economic environment. A new era calls for fresh thinking, exploring new scenarios and new solutions. Whether it is through deficit-financed tax cuts that will put more money in the pocket of consumers, or through vouchers that encourage people to spend immediately, we have to explore ways and means to further boost private consumption.

Which Retail Sectors are growing the most online?

According to US Department of Commerce (DOC) estimates, online sales represent a minuscule percentage of overall retail sales. In 2007, only 3.2% of total retail sales took place on the Internet.