Typically it’s the big names in luxury featured in Luxury Daily’s articles, but in a piece by Pam Danizeger, the online trade news site shares positive vibes for small retail and service providers in light of the decline of the traditional mall shopper:
“Today, the sameness and ubiquity of the big-box store experience is beginning to show fatigue. Walk through any of the nation’s 1,000 or so enclosed malls and you might notice they all look much the same.
Filled with the same stores offering the same merchandise at the same sale price, it is too much of the same thing. Consumers are beginning to look for something new and different and finding it on Main Street, not in the malls.
Specifically, demographic shifts, with both aging Baby Boomers and young millennials looking for a more personal shopping experience, as well as heightened expectations from affluent consumers, will favor the special services and products that only local small businesses can provide.”
Read the full article, Nation’s highest-potential shoppers are turning away from the mall, at LuxuryDaily.com for more insight into this retailing trend.
Is your small retail or service-based business poised to offer an exceptional experience to consumers as they leave the mall and return to your neighborhood business? Call (919-229-9725) or email me (Lisa@RaleighwoodMedia.com) to take advantage of this offer for independent businesses: a free, one-hour audit of your brand’s online presence and the accompanying in-store experience! Simply mention this blog post to take advantage.