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"It has been a tough decade for brick-and-mortar retailers, and matters seem only to be getting worse.
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Despite a strong consumer economy, physical retailers closed more than 9,000 stores in 2019 — more than the total in 2018, which surpassed the record of 2017.
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Some people call what has happened to the shopping landscape “the retail apocalypse.” It is easy to chalk it up to the rise of e-commerce, which has thrived while physical stores struggle.
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But this can be overstated.
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Collectively, three major economic forces have had an even bigger impact on brick-and-mortar retail than the Internet has.
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In no particular order, here they are:
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• Big Box Stores: In the United States and elsewhere, we have changed where we shop — away from smaller stores like those in malls and toward stand-alone “Big Box” stores. ...

• Income Inequality: Rising income inequality has left less of the nation’s money in the hands of the middle class, and the traditional retail stores that cater to them have suffered. ...

• Services Instead of Things: With every passing decade, Americans have spent proportionately less of income on things and more on services. Stores, malls, and even the mightiest online merchants remain the great sellers of things."

Trechos retirados de "Never Mind the Internet. Here’s What’s Killing Malls."