Tough. Competition is great. No different that anywhere else in the world. Now all of those older malls have to do something to become competitive, which not so many years ago, weren't, and didn't really care.
Who remembers no so many years ago, if you wanted really nice furniture here in Santo Domingo, you went to Muebleria Gonzalez, with their limited selection, and the prices were insanely high.
You either paid their ridiculous price, or did without.
Now, you have lots of options for nice furniture, which is still expensive, but much cheaper than Gonzalez used to be. I say "used", because they aren't around anymore. I wonder if it was the competition that did them in?
Everyday, consumers have more and more choices. That's a good thing.