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

In the

last

few years, due to a change in consumers shopping pattern from local shops to shopping centres and malls, has resulted in a closure of the small shops. In my opinion,

this

is a positive development as large malls have not only lead to

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increase

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in employment but have

also

become

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solution centre.

Firstly

, a good reason for an

increase

in shopping from malls to be a positive aspect is that it has lead to an

increase

in the number of employment opportunities.

For instance

, as per an article by The New York Times, Walmart,

one

of the world's largest retail stores, hires fifteen per cent of America's population. As large supermarkets and malls have more departments,

such

as marketing, finance, operations and sales, which keeps generating the requirement for jobs,

hence

, these shopping centres end up hiring more people as compared to local shops.

Secondly

, another point to consider is that malls work as a

one stop

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solution for consumers.

In other words

, malls have wide options for people including grocery,clothes, electronic equipment and books.

Therefore

, most of the time customers end up spending more than the budget amount. To illustrate, India is a prime example where the development of shopping centres and malls have lead to

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increase

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in consumers spend by

one

-fourth.

Consequently

, making these shopping malls

one

of the significant contributors to government revenue. In conclusion,

this

change in consumer behaviour benefits society as a whole. While the malls have increased employment opportunities, they have

also

provided people with products under the same roof.

Moreover

, with the increased consumer expenditure the contribution of shopping centres to governments revenue has shot up.