Quote:
Originally Posted by austlar1
The retail meltdown was not so obvious in 2009. Shopping centers even in vibrant places like Austin are hollowing out, not just indoor malls but also large neighborhood strip malls and super centers. I can't imagine what it must be like in cities already struggling with weak economic perfomance. Add a real recession to that mix, and you have the makings of a commercial real estate bust.
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There is nothing you can do about e commerce, that is a cat that is well out of the bag, but, feel free to search for yourself, something like 80% of consumer sales are still done in person at the store.
Its not like this is a new or surprising change, online retailing has been coming for a long time and if your store cant cope then I dont really have sympathy.
Find other uses, find new ways to get people to the store, the days of throwing random junk on shelves and expecting people to show up is never coming back.