Alva Review-Courier -

Downsizing

 

January 19, 2018



As grocery chains reeled at the Amazon purchase of Whole Foods, brick-and-mortar establishments steeled themselves to the idea of smaller profit margins attempting to compete.

According to an article in Fortune by Phil Wahba, it’s not just the margins that will get smaller. Consumer demands are different and that has led to the exodus from enclosed malls and the explosion of strip malls as the retail landscape changes.

Social media encroachment has meant less socializing at the food court and the need for customers to step out of their car and into the store. Facetime has replaced windo...



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