By Yetta Gibson | AZFamily
SCOTTSDALE, AZ (3TV/CBS 5) –
Online shopping is booming, in-store shopping is trending down, which is why so many stores in the malls are closing up shop.
“These stores are trying to reinvent themselves to meet this new consumer economy we are in,” says Enrique Lopez-Lira, economics and finance professor at Grand Canyon University.
They are going to change, I think they are going to be more like a showroom,” says Lopez-Lira. “Think of the Apple store. A lot of people go to the Apple Store, not necessarily to buy the iPod or iPhone but to experience it.”