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Posts made in November, 2016

Malls are Changing with the Times

By on Nov 29, 2016 in Malls

In the 80s and 90s, going to the mall was the hip thing to do. It was very common to see teens meeting up with their friends at the mall to shop and meet new friends. However, with the massive amount of entertainment available to teens today, the mall just isn’t as fun as it used to be. Looking at clothes is something that can be done on your smartphone. Meeting new friends can be done with the click of a button on social media sites. The old mall that only focuses on retail stores is now a thing of the past. Old malls are now being converted into shopping centers that bring a whole new sense of entertainment to an individual. These new shopping centers are including office spaces, outdoor parks, restaurants, movie theaters, and apartments. Malls are now becoming centers in cities for all different types of commerce. These destinations are being revamped to offer much more than just the purchase of clothing. New businesses are popping up in malls that are integrating concerts, virtual reality arcades, gathering places, and learning annexes for universities. No longer will you just go to the mall in order to simply buy clothing. Take the Westfield Corporation’s recent news about renovating their Century City mall with a $950 million investment. It plans to include the first Eataly on the West Coast, lots of outdoor shopping entertainment options like a music / fashion venue and some of the most innovative digital technology to enhance the customer experience. ““When this project is complete, we will have redefined the very nature of shopping on the Westside of L.A.,” stated Peter Lowy – CEO of Westfield earlier this year. It is exciting to see a whole new type of shopping center being created for all different types of people. In order to survive, malls must now become a destination. Picnicking near lush fountains is now more appealing to individuals than department stores used to be. Food courts are now a thing of the past. More luxurious eating options must be present at these new shopping malls in order to entice individuals to come and have an eating experience that does not remind them of sitting...

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Black Friday or Cyber Monday? When to Shop?

By on Nov 15, 2016 in Malls, Online Shopping

With Thanksgiving approaching, you may be starting to plan out your shopping game plan. Last year, 151 million Americans shopped over the Thanksgiving holiday weekend and spent $11 billion on online sales alone. But should you hit the stores on Black Friday or Cyber Monday? Here are the pros and cons of shopping on each of these days.   The Benefits of Shopping on Black Friday Here are some of the perks of shopping in stores on Black Friday, according to Ivy Chou, content marketing manager at BlackFriday.fm, a site that compiles Black Friday deals: • Doorbuster deals often offer exclusive prices for a limited time. • Because retailers usually distribute Black Friday ads prior to the day itself, you’ll have access to information about what sales to expect, so you can prepare ahead of time. • When shopping in-store, you can touch, test and try products before you buy. • Instead of waiting for items on your shopping list to be shipped, you get immediate access to them.   The Drawbacks of Shopping on Black Friday • Lines, lines and more lines. Anyone who’s shopped on Black Friday knows that it can be a true test of patience. Whether you’re waiting to get to the cash register or circling to find a parking spot, you’ll probably be doing a lot of waiting before you buy. • Doorbusters and other special deals tend to come in limited quantity, according to Chou. For a doorbuster offer on a TV, for instance, a store might carry as few as two to four items, so you may have a slim chance of actually getting the deal. • You likely won’t know if what you want is in stock until you get to the store. You can try calling a store to check availability, but store representatives may be extra busy with customers on Black Friday and less available to help.   Read more about the benefits and drawbacks of shopping on Cyber Monday… Source: US News & World...

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