 How long do you think shopping malls are going to last in New Jersey and the rest of the country? Either in jrew22.com here with another uh miscellaneous general interest vlog and a few months ago or weeks ago we did a story about the future of retail in uh in New Jersey and and and beyond and today's piece is a little bit more about this the big shopping mall the big one not a strip mall or various stores located in downtown uh any town usa but it's these giant massive shopping malls you know like three or four anchor stores you know like the super department stores um I mean how how how long can they last these are massive blobs of expensive real estate with the with the crisis now you know the crisis it's making uh online shopping a lot more attractive I mean I really see like a limited time for these malls unless something turns around quickly and you know just to speak favorably about the malls I mean I guess back in the day one of the good things about going shopping at a physical stores where you got to touch the things you got to see things um they had a lot of merchandise in these stores you got to you know try them on feel them look at them you know compare um not just clothes but like in any kind of electronics especially audio stuff you could listen to the equipment tinker around with it you know play around with it do side by side comparisons and make your judgment that way and that was like the old way of shopping but these days you know most online stores have really really like tremendously good return costs you could buy and return things uh five six times in a row until you find the one you like it takes a week or two to finally get what you want it's a little bit of a hassle packing things up and shipping and returning I don't know but that's uh it kind of eliminates the reason not to try and buy things online whatever whatever the case is I mean that's that's sort of the deal with capitalism you know it's sort of you know the market will decide if the if the customers want to just deal and they're okay with buying things online and not touching and feeling I guess those days might be over soon but I have a question this this makes me wonder you know all these shopping malls for a long time survived with the massive amounts of overhead I mean massive like heavy-duty rent insurance a lot of employees security guards and it was like the overhead was was immense so their profit margin on most items was you know 500% or whatever it may have been it makes you wonder like shouldn't things like when you buy them online with them when they have a skeleton crew dealing with the the their overhead is substantially lower than a retail physical operation you would think that the price for similar things would be you know 75% less or more and I'm just kind of wondering how maybe people became conditioned by you know expensive things and they just thought this is this is normal for $100 shirt or $200 shoes I mean I'm sure something shoes are a little bit of a different story because they those are a little more labor-intensive than a shirt that's made on a you know it's really easy to make a shirt these days but I think a lot of people became conditioned to paying these things without ever questioning or I'm sure that people that work for these companies know really what the cost is that goes into making something like that but you know I have to say though you know some companies that have the the big retail operations like Amazon Amazon's going they're stealing all the business it's going to be one store in the future Amazon but I bought a semi decent polo shirt for ten bucks I believe and it rivaled like a Nordstrom brand shirt at least in the beginning I looked I looked I studied the stitching and the quality of the materials the buttons and it was a really well made shirt I have to say though washing it a couple times it started sort of starting to get a little tattered so maybe that's where the difference ends because the material is not a very long-lasting material I don't know I still think there's a lot of margin left I guess they have to build a lot of things in to stay profitable you know we want people to make a profit if they sell something to us that they paid for to make but I don't know but just remember you know remember I remember when I was a kid you know you people they were mall rats you'd go there and hang out and you'd do stuff you'd hang out the mall it was like a big social scene now the last time I went to the mall I said I didn't see many people there to begin with because of the economy but people most people they just socialize online even when they're at a physical mall they were all sitting down on a bench not even talking to each other just staring at their phones it's like the matrix I don't know so what do you think's going to happen with malls are they going to go away or something new going to take its place I don't know if you like the video please hit subscribe and the bell and all that stuff and I'll see you next video