Quote:
Originally Posted by sonnyday
From reading that article, it appears to be doom and gloom for brick and mortar for retail. ECommerce up 15% YoY, and total retail up 3.8% YoY. Not sure what economic class you took that said that is good for brick and mortar stores.
Check the stock of any brick and mortar store and they all look like steep slides.
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Where did I ever say anything was good for brick and mortar?? The point is 8.5% in Q1 for total ecommerce, including online sales for these brick and mortar stores, is not enough to knock these companies out of business. I said these stores and businesses are closing due to a flailing economy, not "bc of Amazon" like most MSM outlets want you to believe. Reading comprehension is your friend.....