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?

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In the
last
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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
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is a positive development as large malls have not only lead to an increase in employment but have
also
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become
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solution centre.
Firstly
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, an increase in shopping from malls has generated more employment opportunities.
For instance
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, as per an article by The New York Times, Walmart,
one
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of the world's largest retail stores, hires fifteen per cent of America's population. As large supermarkets and malls have more departments,
such
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as marketing, finance, operations and sales, which keeps generating the requirement for jobs,
hence
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, these shopping centres end up hiring more people as compared to local shops.
Secondly
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, malls work as a
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one stop
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solution for consumers.
In other words
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, malls have wide options for people including grocery,clothes, electronic equipment and books.
Therefore
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, most of the customers end up spending more than the budget amount. India is a prime example, where the development of shopping centres and malls have, lead to increasing consumers spend by
one
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-fourth,
consequently
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, making these shopping malls
one
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of the significant contributors to government revenue. In conclusion,
this
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change in consumer behaviour benefits society as a whole. While malls have increased employment opportunities, they have
also
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provided people with products under the same roof.
Moreover
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, with the increased consumer expenditure the contribution of shopping centres to governments revenue has shot up.
Submitted by lakhmani.chanda on

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Topic Vocabulary:
  • retail outlets
  • consumer behavior
  • shop locally
  • convenience
  • variety
  • economic growth
  • job creation
  • community
  • personal touch
  • small businesses
  • local economy
  • big corporations
  • dependence
  • shopping habits
  • urbanization
  • globalization
  • competition
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