Mom-and-Pop Shops Are Threatening the Mall This Holiday Season — Bloomberg

Mom-and-Pop Shops Are Threatening the Mall This Holiday Season — Bloomberg

Mom-and-Pop Shops Are Threatening the Mall This Holiday Season — Bloomberg

Bloomberg Gadfly’s Sarah Halzack explains what department stores are doing to survive against e-commerce. More bad news for America’s shopping malls: Consumers are shopping closer to home. And increasingly, home is not where the malls are. Spending growth at mom-and-pop businesses has outpaced that of the big chains in the past two years, according to Sarah Quinlan, senior vice president at credit-card giant Mastercard Inc., which tracks purchasi...

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