1 00:00:00,080 --> 00:00:01,639 Speaker 1: Every time we say gen Z, I get a little 2 00:00:01,639 --> 00:00:04,600 Speaker 1: bummed because didn't I miss it by like three years? 3 00:00:05,040 --> 00:00:08,559 Speaker 2: Uh no, you actually missed millennials. 4 00:00:08,600 --> 00:00:10,440 Speaker 1: Whatever. I still feel like I'm part of both. 5 00:00:10,840 --> 00:00:12,520 Speaker 2: Yes, exactly, I'd like to. 6 00:00:12,440 --> 00:00:15,159 Speaker 1: Be a CUSP member. So when I was growing up, 7 00:00:15,280 --> 00:00:17,239 Speaker 1: the cool place to go was the mall, and the 8 00:00:17,239 --> 00:00:19,239 Speaker 1: cool thing to do is get dropped off, roam around 9 00:00:19,280 --> 00:00:21,959 Speaker 1: the food court, go to a movie, hang out, and 10 00:00:22,000 --> 00:00:23,520 Speaker 1: then have your mom pick you up. Yes, you'd have 11 00:00:23,520 --> 00:00:25,160 Speaker 1: to use I'd have to use the payphone. Put a 12 00:00:25,239 --> 00:00:27,280 Speaker 1: quarter in the call to pick me up. Should come. 13 00:00:27,680 --> 00:00:28,960 Speaker 1: All the kids get the front door of the mall, 14 00:00:29,120 --> 00:00:30,840 Speaker 1: get back into station wagons, and you go home. That 15 00:00:30,920 --> 00:00:32,920 Speaker 1: was like you were an adult if you could be 16 00:00:32,960 --> 00:00:34,120 Speaker 1: dropped off at the mall. 17 00:00:34,280 --> 00:00:34,720 Speaker 2: Exactly. 18 00:00:34,960 --> 00:00:38,040 Speaker 1: Julia's Hotdog on a stick, the American Cookie Company. Oh 19 00:00:38,800 --> 00:00:42,839 Speaker 1: it chills, hair stand up on my forearms talking about it. 20 00:00:43,520 --> 00:00:46,800 Speaker 1: So now gen Z to the rescue. They're making malls 21 00:00:46,840 --> 00:00:47,960 Speaker 1: cool again, I think so. 22 00:00:48,040 --> 00:00:49,760 Speaker 2: I mean for years we've been hearing that they're dying, 23 00:00:50,040 --> 00:00:52,000 Speaker 2: and we've seen a few of them shut down or 24 00:00:52,040 --> 00:00:56,120 Speaker 2: they're deserted. They've been converted into halloween stores sometimes, like 25 00:00:56,160 --> 00:00:59,000 Speaker 2: around that the time of year. But retail experts are 26 00:00:59,000 --> 00:01:02,840 Speaker 2: saying that zoomers have helped mals bounce back and especially 27 00:01:02,880 --> 00:01:06,520 Speaker 2: after the pandemic, because the digital space has turned them 28 00:01:06,560 --> 00:01:11,840 Speaker 2: into a generation that expects instant gratification. Yeah, and you 29 00:01:11,880 --> 00:01:14,200 Speaker 2: can think TikTok for that or whatever. But when they 30 00:01:14,200 --> 00:01:17,280 Speaker 2: see something, they want something, and they want it now, can't. 31 00:01:17,120 --> 00:01:19,200 Speaker 1: Touch It's not quick enough to come on Amazon in 32 00:01:19,240 --> 00:01:20,520 Speaker 1: an hour, exactly. 33 00:01:21,160 --> 00:01:24,120 Speaker 2: They can't even wait the twenty four hours that Amazon 34 00:01:24,240 --> 00:01:26,679 Speaker 2: will probably deliver the item. They want to go to 35 00:01:26,720 --> 00:01:28,440 Speaker 2: the store, and I think for most of us, I 36 00:01:28,480 --> 00:01:31,600 Speaker 2: get it, like I'm the same way sometimes, but so 37 00:01:31,640 --> 00:01:33,839 Speaker 2: they want to go and actually try the products, even 38 00:01:33,959 --> 00:01:36,039 Speaker 2: and an auto. This comes with beauty products because the 39 00:01:36,040 --> 00:01:38,200 Speaker 2: four seeing a big boom with tweens going into the 40 00:01:38,200 --> 00:01:40,559 Speaker 2: stores and trying all the makeup products and things like that. 41 00:01:41,000 --> 00:01:43,959 Speaker 2: But we're talking twelve to twenty six year olds, Like 42 00:01:44,000 --> 00:01:46,720 Speaker 2: this is kind of like the range, and they're starting 43 00:01:46,720 --> 00:01:50,080 Speaker 2: to really see a shift that they prefer shopping in 44 00:01:50,160 --> 00:01:52,560 Speaker 2: person as much as online shopping. It's not like they're 45 00:01:52,600 --> 00:01:55,600 Speaker 2: not shopping online at all, but it's very like fifty 46 00:01:55,640 --> 00:01:58,400 Speaker 2: to fifty whereas before everything was online shopping. 47 00:01:58,520 --> 00:02:02,160 Speaker 1: Well, there's something that you said about experiential opportunities. I mean, 48 00:02:02,160 --> 00:02:04,360 Speaker 1: there is an experience you go in. You made them 49 00:02:04,360 --> 00:02:06,600 Speaker 1: all smells good. There's a lot of those department stores 50 00:02:06,640 --> 00:02:09,959 Speaker 1: smell good. And maybe you are wanting to get away 51 00:02:09,960 --> 00:02:11,799 Speaker 1: from your family or your parents and run around with 52 00:02:11,800 --> 00:02:14,240 Speaker 1: your friends. So there's some freedom attached to that. Yeah, 53 00:02:14,639 --> 00:02:16,560 Speaker 1: I just I still can't that. We were laying in 54 00:02:16,600 --> 00:02:19,120 Speaker 1: bed the other night and I got hungry and I 55 00:02:19,240 --> 00:02:21,120 Speaker 1: wanted to make a stir fry and we needed white 56 00:02:21,160 --> 00:02:25,639 Speaker 1: onions and parsley, and so we order white onions and parsley, 57 00:02:26,000 --> 00:02:29,280 Speaker 1: and in forty five minutes, Yeah, white onion and parsley 58 00:02:29,320 --> 00:02:31,280 Speaker 1: is at my door. I cannot. I still can't get 59 00:02:31,320 --> 00:02:31,760 Speaker 1: past it. 60 00:02:31,880 --> 00:02:36,400 Speaker 2: I know there is a fine line between convenience and laziness, 61 00:02:36,600 --> 00:02:38,680 Speaker 2: and I need to get past that. 62 00:02:38,840 --> 00:02:41,000 Speaker 3: But you know what, it's not laziness to me. I 63 00:02:41,000 --> 00:02:45,040 Speaker 3: think I'm saving money by online, because no, when I 64 00:02:45,080 --> 00:02:47,680 Speaker 3: go to a mall, you should see me. I'm like, I. 65 00:02:47,760 --> 00:02:51,480 Speaker 1: Walk by, you get things you don't need a suitcase 66 00:02:51,480 --> 00:02:52,040 Speaker 1: store and I'm. 67 00:02:51,880 --> 00:02:54,079 Speaker 3: Like, actually, you know I don't have you know, my 68 00:02:54,320 --> 00:02:56,560 Speaker 3: my my bag for my makeup stuff. When I travel 69 00:02:56,639 --> 00:02:58,520 Speaker 3: is getting kind of dingy. So I'll go in there 70 00:02:58,520 --> 00:03:00,959 Speaker 3: and I'll buy that, and I'll past a different store 71 00:03:01,000 --> 00:03:02,200 Speaker 3: and I'm like, I need a new pair of socks. 72 00:03:02,280 --> 00:03:02,880 Speaker 2: Let me go get some. 73 00:03:03,000 --> 00:03:04,280 Speaker 1: Just are you dangerous? 74 00:03:04,440 --> 00:03:06,400 Speaker 3: Yeah, it's bad. I got to stay away from the malls. 75 00:03:06,400 --> 00:03:08,040 Speaker 2: But there's certain things that you have to get at 76 00:03:08,040 --> 00:03:09,400 Speaker 2: the malls. Like the other day, I was going to 77 00:03:09,440 --> 00:03:12,080 Speaker 2: try to get new bras online and I was about 78 00:03:12,120 --> 00:03:13,880 Speaker 2: to buy them, and I was like, you know what, 79 00:03:13,960 --> 00:03:15,480 Speaker 2: I don't know if I'm this size or this size, 80 00:03:15,480 --> 00:03:16,920 Speaker 2: and I don't want to have to return them and 81 00:03:16,919 --> 00:03:18,400 Speaker 2: do all this, So I need to go to the 82 00:03:18,440 --> 00:03:21,359 Speaker 2: mall and try those on, because that's something that's just fair. 83 00:03:22,560 --> 00:03:28,120 Speaker 1: Yes, well, yeah, I'm asking. I didn't know. I mean, 84 00:03:28,400 --> 00:03:31,080 Speaker 1: I have never seen this, so I don't know exactly. 85 00:03:31,160 --> 00:03:33,840 Speaker 2: Actually, yeah, if you go into like a certain stores, 86 00:03:33,840 --> 00:03:34,840 Speaker 2: they'll measure you. 87 00:03:35,000 --> 00:03:37,760 Speaker 1: And what seems to me like trying those on. It's 88 00:03:37,760 --> 00:03:38,720 Speaker 1: like trying on underwear. 89 00:03:38,760 --> 00:03:40,760 Speaker 2: You can't underwear is like a different story. You want 90 00:03:40,800 --> 00:03:43,160 Speaker 2: to like keep yours on you. I just don't try 91 00:03:43,160 --> 00:03:46,320 Speaker 2: on underwear. But bras are that Bras like a fair game, 92 00:03:46,440 --> 00:03:48,120 Speaker 2: Like you want to make sure that they're comfy and 93 00:03:48,360 --> 00:03:49,080 Speaker 2: you're gonna have something. 94 00:03:49,360 --> 00:03:51,880 Speaker 3: Yeah, BRA's kind of like you trying on a tank 95 00:03:52,320 --> 00:03:52,800 Speaker 3: tank top. 96 00:03:53,960 --> 00:03:55,720 Speaker 1: Where you learned today on the show. I will have 97 00:03:55,760 --> 00:03:59,000 Speaker 1: an answer if anybody. If anybody wants to see me 98 00:03:59,000 --> 00:04:00,600 Speaker 1: at the store later, I'll have an answer