Find in the news:
BY COUNTRY

Small toy stores are on the verge of survival



Despite the spike in toy sales worldwide caused by the pandemic, small stores are on the verge of surviving a devastating pandemic.
Toys Depositphotos

By staying at home most of the time, buyers around the world have significantly changed their habits. In particular, there has been an increase in sales of children's toys and entertainment, which are bought up by parents on a massive scale to occupy homes bored of children. 

According to the research company NPD Group, in September, toy sales grew by 19%. The coming holiday season promises even more growth. However, not all sellers of such products will feel the increased demand. While the large e-commerce market players fully exploit the winnings of the moment, small toy stores are on the verge of survival. 

According to Womply, a company that provides software platforms for small businesses, toy sales for small stores from mid-March to October decreased by 26% compared to 2019. And though the New Year's Eve season typically accounts for about a quarter of tiny toy stores' annual revenue, by 2020, sales could fall significantly.

The problem for small stores in the U.S. and other countries worldwide is that they are often modest in size. Due to the need to comply with the norms of social distance, such shopping spaces cannot accommodate many customers at the same time. This year the various activities for children, which are traditionally a way to attract visitors, have been canceled. Also, many small traders have noted delivery delays, as well as other problems with suppliers. 

We should not forget about additional expenses for stores related to coronavirus, including installing plexiglass barriers at the cash registers, purchasing other disinfectants, and hiring employees to ensure compliance with the restrictions for customers on the premises. Smaller stores are also discouraged because they do not have a sophisticated application, delivery services, or other convenient customer tools. 

Simultaneously, large online retailers, such as Amazon, do not have these issues. For them, the time when parents buy gifts for the holidays may be the hottest. Competition for small stores is driven by large chains such as Walmart, Target, and Costco, which have not been closed during quarantine and have a much more robust technical base. 

Photo credit: depositphotos.com.

More about shopping malls in the USA



YESTERDAY, USA:
The largest U.S. retailer is putting more effort into gaining a stronger foothold in the fashion market.
DAY BEFORE YESTERDAY, Italy:
Diesel has announced a new phase of its For Responsible Living sustainability initiative, Diesel Library.
May 12, 2021, USA:
L Brands does not intend to sell its women's lingerie brand Victoria's Secret and separate it into a separate public company.
May 11, 2021, USA:
Charlie and Dixie D'Amelio will be the faces of a new clothing brand for teens called Social Tourist.
May 11, 2021, USA:
There is something of a state of euphoria in the actions of shoppers who have had the opportunity to return to shopping malls.
May 11, 2021, USA:
The primary demand of the protests, scheduled for May 19, is an increase in the minimum wage.
Friend
and Follow
Liberty Center GLA:828 821 SF
USA . Cincinnati
Liberty Center
AEON MALL Okinawa Rycom GLA:839 585 SF
ADDRESS: 901-2300 Tochi-kukaku seirichinai Awase, Kitanakagusuku Village, Nakagami District, Okinawa
Japan . Ginowan
AEON MALL Okinawa Rycom
I Viali GLA:452 084 SF
ADDRESS: Via Dei Cacciatori 111 - 10042 Nichelino TO - Piemonte
Italy . Torino
I Viali
Shopping City Süd GLA:1 862 156 SF
ADDRESS: Europaring 2334 Vösendorf
Austria . Vienna
Shopping City Süd


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us