clipped from: money.cnn.com NEW YORK (CNNMoney.com) -- While the economic downturn is forcing bloated retail chains to shut some mall-based locations, it's also created an opportunity for a new breed of businesses eager to move into those vacant storefronts.
Among them are a new movie theater concept featuring oversized "love seats for two," wine and cheese bars, medical spas for a quick afternoon Botox fix, and even nightclubs.
What these businesses have in common in their focus on primarily selling services - or an experience - rather than products.
Retail watchers say this is a smart strategy, especially in a recessionary environment.