“Dying shopping malls are wreaking havoc on suburban America” by Hayley Peterson
http://www.businessinsider.com/dying-shopping-malls-are-wreaking-havoc-on-suburban-america-2017-2
I am writing this memo to recommend ways the company can avoid declining sales in the future. The business firm has recently discovered that in the US, over 1300 shops are losing department stores. They are considering the article dying shopping malls are wreaking havoc on suburban America. Rolling Acre Mall is an example of a fanfare that was liked by many shoppers from the Ohio community. The society is much affected by the current situation, when the malls are dying many are losing jobs, and the buildings get to be hotbeds of criminal activities.it is hard for the community and business people to replace the dying malls since there seems to be no compatible business to fit on these spaces. They are big, and the tenants continue making a loss.
We have confirmed that despite this there is a need for an urgent solution is needed to increase the sales of the company. Though after some time the mall witnessed a slow flow of customers, this resulted in abandoning some stores and even leasing some.it was the start of the fail of the mall. This mall was a significant contributor to taxes and revenues in the city and community at large. Crime is the main reason for the declining of mall sales. Customers changed their preferences. The technology was the only solution to improve the declining sales. Application of online ordering systems such as ordering from amazon played a key role.
We have witnessed that creation of new experiences will attract many customers to the business and attract people; this could increase the sales of the company. The company decided to develop theaters and craft breweries or even restaurants and laser tag. They are associated with making people integrate the internet, thus enjoying the services to the fullest and building the company’s more significant competitor in the market. Meaning that there will be little challenges facing the business; additionally, it will experience increased sales.
Following the above measures will make the company
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