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With the inexorable rise of online shopping, there have been gloomy predictions about the future of the bricks and mortar, High Street store.
Yet it seems that reports of its imminent demise may have been exaggerated.
In a new twist, established e-commerce businesses are increasingly opening physical stores. ECommerce Sites Opening Bricks and Mortar Stores [bbc.co.uk]
A recent survey in the United States of the shopping habits of 18- to 25-year-olds suggests that just over two thirds of them - some 68% - prefer to shop in stores for clothing and shoes.
"Retail observers have been significantly overestimating our use of online and digital technology for shopping - we like shopping in stores," says Nicole Flasch-Mihalko of LIM College, which carried out the survey with the National Retail Federation in the US.
joined:Apr 12, 2011