Thread: Misc -- Malls dying? Soon to be gone? - a question...
View Single Post
Old 08-10-2018, 03:20 PM   #69
vailpass vailpass is offline
Psycho Bag Of Squanch
 
vailpass's Avatar
 

Join Date: Sep 2001
Casino cash: $9594244
Quote:
Originally Posted by doomy3 View Post
Enclosed malls seem to be nearing extinction, although there are certainly exceptions.

I just had lunch today with the CEO of a fashion company, and we were talking about this supposed death of retail due to online shopping. His answer was that 92% of retail transactions are still done face to face. 8% are done online.

That's a higher number than in the past, but a far cry from the doom and gloom for retail that many speak of.
Maybe within the specific fashion sector in which he operates those numbers are close to accurate. Overall, given the volume of ecommerce that now occurs, those numbers don’t appear to match reality.
Of course we’d need to see what is being defined by “retail”. Does that include groceries, automobiles for instance?
__________________
“Education is a weapon whose effect depends on who holds it in his hands and at whom it is aimed.”
Joseph Stalin
Posts: 69,591
vailpass is obviously part of the inner Circle.vailpass is obviously part of the inner Circle.vailpass is obviously part of the inner Circle.vailpass is obviously part of the inner Circle.vailpass is obviously part of the inner Circle.vailpass is obviously part of the inner Circle.vailpass is obviously part of the inner Circle.vailpass is obviously part of the inner Circle.vailpass is obviously part of the inner Circle.vailpass is obviously part of the inner Circle.vailpass is obviously part of the inner Circle.
 Thumbs Up 1 Thumbs Down 0     Reply With Quote