<iframe src="https://www.googletagmanager.com/ns.html?id=GTM-PLCZK49" height="0" width="0" style="display:none;visibility:hidden"></iframe>

<iframe src="https://www.googletagmanager.com/ns.html?id=GTM-PLCZK49" height="0" width="0" style="display:none;visibility:hidden" aria-hidden="true"></iframe>

Connect with us

Headlines

The Hard Truth About Shopping Malls (and Why It’s Not All Bad)

Published

7 years ago

on

January 6, 2017

By

Make the mall work for you.

Jim Cramer, host of CNBC’s Mad Money, says shopping malls aren’t dead — but there’s a harsh truth that retailers must face.

The fact is that “the mall’s rent is too expensive for all but the most exclusive specialty retailers,” he says. For mass-market stuff, people would rather order online, in many cases from Amazon.com.

That’s bad news for the big guys like Macy’s and Kohl’s. But it’s fine for you as long as you can position yourself as a high-end retailer.

According to Cramer: “Everyone is too cheap to shop at the mall. It’s just too inconvenient unless you are uber-wealthy and need to see the ultra-luxury wares in person before buying them.”

Advertisement

Read more at CNBC

Related Topics:retail

click to Comment(Comment)

Expect to See a Lot More Myopia in Coming Years

Eyewear Firms Partner with Maker of Tiny Attachable Camera

SPONSORED BY VARILUX

The Best Overall Progressive Lens, Now Powered by AI

Engineered with Behavioral Artificial Intelligence and utilizing new XR-motion™ technology, Varilux XR series goes beyond prescription and eye physiology to consider the patient’s visual behavior and design a progressive lens that respects how
their eyes naturally move.

Varilux XR series comes in two versions, Varilux® XR design and Varilux® XR track. The Varilux XR track lens provides an additional level of personalization by incorporating the exclusive Near Vision Behavior Measurement, providing up to 25% more near vision width³ according to the patient’s need, so patients get the highest level of customization.

Discover Varilux XR series and enjoy instantly sharp vision in motion⁴ and seamless transitions from near to far.

For more information, visit here.

2 Brothers, 1 Mission

2 Brothers, 1 Mission

Sponsored Content1 day ago

2 Brothers, 1 Mission

Addressing the Vision Needs of the Old and the Young and More Events for May

Addressing the Vision Needs of the Old and the Young and More Events for May

Business & Practice Management5 days ago

Addressing the Vision Needs of the Old and the Young and More Events for May

Hammer Out a Sunwear Strategy and More Manager’s to Dos for May

Hammer Out a Sunwear Strategy and More Manager’s to Dos for May

Business & Practice Management1 day ago

Hammer Out a Sunwear Strategy and More Manager’s to Dos for May

What Small Eyecare Businesses Need to Know About Adding Someone to Payroll

What Small Eyecare Businesses Need to Know About Adding Someone to Payroll

Business & Practice Management26 mins ago

What Small Eyecare Businesses Need to Know About Adding Someone to Payroll

How Would Your Office Handle This ‘Chatty Cathy’?

How Would Your Office Handle This ‘Chatty Cathy’?

Business & Practice Management5 days ago

How Would Your Office Handle This ‘Chatty Cathy’?

Here’s How You Make Fee-for-Service Patients Feel Special … And Keep Them Coming Back!

Here’s How You Make Fee-for-Service Patients Feel Special … And Keep Them Coming Back!

Best of the Best1 week ago

Here’s How You Make Fee-for-Service Patients Feel Special … And Keep Them Coming Back!

This Orlando Practice Is Carrying On a Tradition of Fine Eyecare Started Over 50 Years Ago

This Orlando Practice Is Carrying On a Tradition of Fine Eyecare Started Over 50 Years Ago

America's Finest1 week ago

This Orlando Practice Is Carrying On a Tradition of Fine Eyecare Started Over 50 Years Ago

We Wanted to Know if a Marketing or Advertising Effort Ever Backfired on You

We Wanted to Know if a Marketing or Advertising Effort Ever Backfired on You

Business & Practice Management1 week ago

We Wanted to Know if a Marketing or Advertising Effort Ever Backfired on You