The internet won’t kill stores, according to Victoria’s Secret Chief Executive Officer Leslie Wexner. Moreover, the fascination with smartphones will fade. “We’re in the process of bouncing back from that,” he says. “I don’t think this is a new norm.” People crave social interaction and will seek it at places like malls. “There are times when that gets interrupted, but people want to be with other people,” he adds.
Leslie Wexner may be correct some stores capture excitement but it's been a while since I spied a Frederick's of Hollywood in a mall. http://fortune.com/2015/04/16/fredericks-of-hollywood-closes/