In recent years, many small shops have closed because customers travel to large shopping centers or malls to do their shopping Is this a positive or a negative development?

Of late, it is clearly evident that more and more shoppers are inclined to do shopping in fancy shopping malls rather buying it from local shopkeepers.
As a result
, local shop owners had to close their business. I would look
trend as negative development and I will discuss about my observations in
essay. One serious problem that can arise from
trend is financial diversity. If shoppers are buying the products from large shopping malls, money would go into the pockets of multi billionaire companies and there could be a possibility that
money would never come back to the society again.
On the other hand
, if we started purchasing it from local vendors the money would circulate in
local community
the local community
local communities
it can boost the
economy. The
issue is that; the end buyer will have to spend
a fortune
of amount in buying their needs. What I mean here is, will increase the price of the MRP to cover their losses in building the malls and to gain the maximum profit. Wherein the other hand,
won’t be the case with local vendors, because they don’t sale for
the profits
they sale to survive.
For example
, if we are buying an apple from the malls that would cost around $5, but we can purchase the same apple for $2-$3 from local shops. At the end of the day, if we compare all the
the buyer will be at loss and at the same time the local vendor too. The only one who get benefited from
. I strongly condemn
new trend and urge the people to start
the local buyers
of purchasing it from malls.
, I request government to take steps to promote and help local shopkeepers.
Submitted by motakatlasudheer on

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