Suburban mall is an endangered species

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This “bargain” is killing the other stores in the mall. I wonder how much the average shopper spends at the gift and card shop? How much will those roving gangs of teens spend at the DVD store? Anything close to $2,400 over two years? And if you spend $100 a month on your phone plan, that’s $100 a month that you’re not spending on fancy lotions, new shoes or DVDs.

If only that were the end of it. Smartphones also let you check and compare prices among stores. It’s called the “showroom effect.”

Say you are shopping for a new TV. You go to the electronics store in the mall, find the model you like and scan the bar code into your smartphone. Then the phone will tell you where you can buy the TV cheaper. Places like Best Buy become the showrooms for Amazon.com and other online retailers that pay no rent for space in the mall.
The next time you wonder how an online store can offer free shipping, maybe it’s because the online retailer is paying rent only on a cheap warehouse, not an expensive storefront.

As I was soaking up the frenzy at the phone store, I noticed a gaggle of teens streaming out of the multiplex, all of them phoning or texting as they passed me, the card shop, the DVD store and the lotion store on the way out to the parking lot. Taking a quick look around, I noticed that every single person in the place was on a phone.

People can send a birthday greeting card from their phone, they can listen to music on it, they can watch a movie, they can buy lotion cheaper online. How long can these other stores last?

Jim Mullen’s newest book is called “Kill Me, Elmo: The Holiday Depression Fun Book.” You can reach him at JimMullenBooks.com.

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