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

These days, it is believed by many that the tendency of travelling to large shopping malls has yielded the closure of small domestic
stores
. I firmly believe that
such
a trend has detrimental impacts on
consumers
and business owners for a number of reasons. The first and
also
the most crucial demerit relates to financial predicaments. When the overwhelming majority of
consumers
opt for purchasing from large shops, limited-income
stores
would definitely become overwhelmed with debts
as a result
of the reduction in purchasing power and profit margins in these developing
stores
. In Egypt,
for instance
, the increasing popularity of universal brand names
such
as US Polo and Zara has yielded the termination of many local
stores
in the countryside which has jeopardized the financial status of many Egyptian families. One
further
drawback is the surged pressure on large purchasing centres
due to
the massive departure of
consumers
to
such
big brands. They would,
therefore
, suffer from the shortage of consumer goods in specific areas which would probably cause the increase in prices of essential products
as a result
of the increasing demand.
Further
and more concerning, though, is the devastation of some domestic products.
This
is mainly
due to
the fact that a substantial proportion of domestic products are sold by small retailers with a limited budget who cannot afford the fierce competition with large brand names which are attempting to imitate national commodities. International Chinese firms,
for example
, have been tempting
consumers
to purchase Egyptian clay pots and offering them in large fancy
stores
.
Accordingly
, the end of the activity of local shops could gradually threaten the cultural identity of a country.
In addition
to
this
, the attraction of more
consumers
to purchase from large shopping centres may induce consumerism
due to
the wide variety and availability of high-quality goods
along with
discounts and offers which are aimed mainly at attracting more clients. An eminent example of
this
is the impact of Black Fridays in international shopping centres which
lure
Correct subject-verb agreement
lures
show examples
shoppers to overestimate their needs and pay for unnecessary goods . In conclusion, I am convinced that the threats which have resulted from purchasing mainly from large shops tip the scale towards disadvantages.
Subsequently
, authorities ought to financially subsidise developing projects in order to maintain countries' cultural identity.
Submitted by ericssonsony551 on

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