According to research by Credit Suisse, many years of overbuilding in the U.S. is taking its toll with bricks and mortar stores which are also feeling the effects of pressure from ecommerce. The research, published in The WSJ shows that stores are closing at their fastest rate.
Ecommerce on its own is not solely to blame.
I can only speak from my own region, and it's clear that rising rents for bricks and mortar don't help, either.
It's difficult to beat the convenience of ecommerce, but it's not the same shopping experience.
Can bricks and mortar stores survive?