Recent years have embarked on a great deal of change in consumerism. The way consumers used to shop has seen a remarkable shift from small
shops
to large shopping
malls
as shopping
malls
are taking over the majority of stake in shopping. There are a number of reasons for
this
shift
such
as an increase in the average income of individuals, diversity of
shops
in shopping
malls
, healthy competition between
shops
of the same commodity and many more. I think it is perfectly healthy to have
this
change because of the numerous benefits a shopping mall provides. But at the same time, small
shops
being run by poor
families
are badly hit
due to
this
advancement.
Large shopping
malls
are opening nowadays in large
as well as
small cities. They offer a wide variety of different
shops
. Almost all the items needed in a household is available in a shopping mall
such
as clothes, grocery, electronics, toys, and footwear. The convenience it provides by getting all things in one place is the major reason for people opting for shopping
malls
instead
of individual small
shops
these days.
Also
, there are numerous
shops
of a single commodity,
hence
building healthy competition and reasonable prices which are affordable by most of the population.
In addition
to it, the per capita income of individuals has
also
increased these days,
therefore
they are able to shop at
malls
with ease.
Shopping
malls
are becoming popular
due to
their numerous advantages, but at the same time, small
families
conducting small businesses are badly hit. People have stopped or visit rarely to small
shops
to buy anything.
This
is impacting the local businesses and the economic condition of
such
families
is getting disturbed. Small
shops
can only be seen in villages or towns these days. In cities, they are becoming obsolete. Some
shops
collaborate with shopping
malls
to display and sell their local things in a mall in an exhibition area at a reasonable price.
This
has helped some of the businesses to survive but not all are opting for
this
opportunity.
This
will result in the gradual extinction of small
shops
.
In conclusion, certainly, shopping
malls
are quite convenient to buy things but small
shops
should
also
be given importance so that their financial well-being is maintained in order to support their
families
. Steps should be taken by the managing body of
malls
and the government to support these
shops
by arranging different initiatives for
such
shops
to display and sell their products to the local public.