I think he's on to something. People love to browse in stores and try items on or touch merch. But brick and mortar options need to distinguish themselves from what's available on line.
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Interesting article! Not sure if Wexner's right, online shopping seems like it's more addictive than malls, but who knows
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He is very old!
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as long as retail (all channels) is "enticing" to a consumer whose needs and wants are constantly changing. Les saw demise of apparel, he got out of it
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a plethora stores & malls will always exist in rich parts of cities where ppl have time to walk around and excess money to spend...
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“The Internet won’t kill off stores and malls,” he muttered to himself, appearing like a crazed mad man as he strolled through an empty mall with a 40% vacancy rate on a Saturday afternoon in February.
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I don't believe it will, I have ordered somethings from
#Amazon which never arrived (probably stolen), I am turned off on online ordering I'm probably not the only one. Plus the return process is a pain.Thanks. Twitter will use this to make your timeline better. UndoUndo
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The stores and malls will survive as long as they have good functioning websites to enhance their business.
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