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originally posted by: MRinder
originally posted by: burdman30ott6
COVID just sped up the already inevitable in this regard. The only way traditional shopping will survive is if the government starts clamping down on Amazon. That might actually happen, too. You force Amazon customers to pay fair market shipping prices to the USPS instead of being subsidized by the tax payer, add online sales tax and the impact of the foreign manufacturing tariffs, and just maybe Amazon starts to see sales going back to local brick and mortar shops.
I don't think so. Amazon already has you paying sales tax on their stuff, not sure about 3rd party vendors who sell on the Amazon platform.
If USPS raises prices they will just deliver it themselves. My guess is over the next 5 years or less they will start to deliver all of their own items, except maybe in the most rural areas.
Tariffs hit all of their competitors equaly so that wont hurt them at all.
The only thing that could slow Amazon down is if the government made them split off AWS and/or the advertising part of their business, because those are high margin businesses.
Malls are interesting. We have several here that are like ghost towns, but we also have one that is always so busy you can barely find a parking spot and another brand new outdoor one that seems to do well. The ones that do well are in more affluent areas. I think what killed the malls is that a lot of people have a lot less disposable income than they used to.
originally posted by: timewarpedbrain7
originally posted by: KKLOCO
a reply to: AndyFromMichigan
At my local mall, there were FOUR freaking Sunglass Huts in the same mall. Those days are over.
Our retail shops open Friday thank god! Ironically, I need sunglasses.
Bars and restaurants to follow Monday. Finally some good news!
Mall of America by chance?
Place has 4 of those, 3 sock stores, and at least 2 mirror maze's
originally posted by: karl 12
originally posted by: AndyFromMichigan
Once the Coronavirus lockdowns finally end, things will start to go back to normal.
Doubt it - far more probable is a rolling series of 'lockdowns' and total corporate 'privatisation' of food production.
originally posted by: Drucifer
From what I’ve read, both the mall owners refuse to lower their rent.