Can shopping malls bounce back after the pandemic?

shopping malls

The pandemic has changed many aspects of everyday life. After more than a year of lockdowns and restrictions, many industries are struggling to recover – even after some of the restrictions have been lifted. Will Canadian shopping malls be able to bounce back, or are they more likely to shut their doors for good? A new article from Global News takes a closer look at the situation.

Fairview Pointe-Claire
Fairview Pointe Claire

Shopping malls have declined for years

In an article titled “in a post-pandemic world, will Canadians ever go back to shopping malls?”, Global News explores the current situation of Canadian shopping malls. Malls are among the businesses that have struggled over the past one and a half years. According to the article, foot traffic to Canada’s top 10 biggest malls has been dropping for several years, even before the lockdowns. A study found a drop of 42 per cent in foot traffic from February 2019 to February 2020 – before the first restrictions were implemented.

While traditional retail outlets have struggled, online shopping has exploded. A study published by PayPal Canada found that Canadians have been spending more than $2 billion more a month shopping online than they did before the pandemic. Online shopping has been on the rise for more than a decade, thanks to Amazon and other online retailers. Lower prices, quick deliveries and convenience are just some of the reasons that more and more people choose to do their shopping online.

According to the new article by Global News, shopping malls do have a future in Canada – but the industry needs to make some major changes. Instead of trying to compete with online stores, shopping malls will need to attract customers by offering a better and more unique shopping experience. Combining shopping with other activities could be the solution for some. High-end food courts, hairdressers and other services could attract more visitors. In addition, the article points out that many people still prefer to buy clothes, appliances and other items in a real shop instead of purchasing them online.

COVID-19: Quebec

Other industries hit by the pandemic

Of course, shopping malls are just one of the many industries that have been hit hard by the pandemic. Many hairdressers, hotels, dentists, airlines, restaurants, and pubs have been forced to scale down their businesses or close down entirely over the past couple of years. Some businesses have managed to save their business by offering their services online. For example, many now prefer to play at the best online casino in Canada instead of visiting a real casino.

Delivery services have also seen a major uprise in 2020 and 2021. Every day, thousands of Canadians order food online instead of going to a restaurant. Some streaming services have opted to offer their blockbuster movies on streaming services immediately instead of sending them to the cinemas first. The pandemic has created new opportunities for businesses that are willing to adapt, but some industries will be changed forever. However, the biggest shopping malls in Canada are likely to be around for many years to come.

Other articles from mtltimes.catotimes.caotttimes.ca

Jardin Royalmount

Jardin Royalmount newest party venue opens

Vincenzo Guzzo

Vincenzo Guzzo – “made in Canada” throughout his business interests

Montreal's Little Italy

Montreal’s Little Italy new revitalization “Le quartier gourmand de Montreal”

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on email
Email
Is it possible to get an A for a 5-paragraph essay assignment in 1 hour? We can safely say yes, a student can get an A+ mark if he turns to EduJungles


AI

Advantages of using AI in the casino industry

Casinos have started to utilize artificial intelligence to ensure that they provide the best service possible. AI is a resourceful tool for casinos to predict the future and make much more efficient decisions. Thankfully, this technology can be used for the benefit of players as well. This article will explore the advantages of using AI

Loto-Québec

Loto-Québec is looking for three millionaires! Check your lottery tickets!

Do you have lottery tickets that you still haven’t checked? You may be one of the winners Loto-Québec is looking for! Among these winners, there are three millionaires out there who have yet to claim their prize, including one with a claim deadline coming up Montréal, September 27, 2021 — Do you have lottery tickets that you still haven’t

Le Burger Week

Le Burger Week 2021 and the Montreal winner’s are…

This past September, Le Burger Week, presented by Saputo and Sysco and delivered with DoorDash, rolled out across the nation.  Over 700 participating restaurants across Canada, with this year’s edition having the highest number of participating restaurants ever! In Montreal, we had over 50+ participating restaurants, and 165+ participating restaurants across the province of Quebec! Furthermore, this year,

La Ronde Fright Fest

La Ronde’s Fright Fest enter at your own risk

“La Ronde’s Fright Fest is Québec’s most popular festival during the spooky season. Our signature event featuring our talented scareactors and bone-chilling haunted attractions is unlike any other, and is tailor-made for Halloween enthusiasts of all ages,” said La Ronde park president Sophie Emond.  Throughout the month of October, La Ronde will become the scariest

The Jardin Royalmount

What’s next at The Jardin Royalmount – Hint wear pink

The Jardin Royalmount will commemorate Mean Girls Day on October 3 with a screening of the hit movie Mean Girls with Lindsay Lohan. Doors open at 6:15 p.m., with showtime at 7:15 p.m. General admission tickets are $24.60 (adults) and $18.60 (children) and are available on a first come, first served basis. Guests are encouraged

Just For Laughs new show

Just For Laughs new show – Tickets available

Just For Laughs new show will be with Lebanese-American comic NEMR on January 15, 2022 at Club Soda. Born in San Diego and moved back with his family to Lebanon, NEMR has performed his stand-up comedy in English throughout the Middle East, where he has received great acclaim for breaking down barriers and uniting people

Mtltimes Subscription

The latest on what’s moving Montreal and the world – delivered straight to your inbox