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?

These days, many buyers prefer to shop in giant shopping malls.

As a result

, several small shops have closed. While

this

phenomenon is beneficial for customers, it has a negative impact on small businesses and

e

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conomy. There are many benefits to

this

development to customers. The most significant benefit is that they can buy items at a cheaper rate.

This

is because there are many shops in the mall and people can buy where they get the best deal. Another advantage is that it saves people’s valuable time as they do not have to go to multiple shops to buy different items, which is the case with small shops. To illustrate, most people in Mumbai prefer to shop for clothes, grocery items or electronics in shopping malls as they have a lot of options to choose from, and they

also

get huge discount on many items.

However

,

this

trend has a negative impact on small supermarkets and national economy. One major issue is that local people’s businesses suffer a huge loss as they are not able to compete with big shopping malls. As a consequence, they have to close down their businesses

,

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and have to depend on the government’s aid. Another crucial problem is that when these small shops are closed down, many people who were working in those shops become unemployed. As a consequence, they become a burden on the nation because the government has to provide them with unemployment benefits. In conclusion, while shopping in a big mall is advantageous for buyers as it saves their time and money, it has a drastic impact on small businesses, and

c

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ountry’s economy.