Is Amazon the Start of the Apocalypse?
In the media, over the last 6 months or so, we keep hearing about retail apocalypse. News articles talk about the collapse of the retail industry. How these events are causing the demise of the retail commercial property network. Although many retailers have been shuttering stores, including many legacy brands, is this a sign of the collapse of the retail market? Or could it be an indication of a shift in the consumer spending trends?
Is Amazon the Start of the Apocalypse?
In the media, over the last 6 months or so, we keep hearing about retail apocalypse. News articles talk about the collapse of the retail industry. How these events are causing the demise of the retail commercial property network. Although many retailers have been shuttering stores, including many legacy brands, is this a sign of the collapse of the retail market? Or could it be an indication of a shift in the consumer spending trends?
Experiential Retail’s Growth In Today’s Market
Locally based Paul Davidovac, an agent in capital markets at Commercial Brokers International, says that hands on experiences, and interactive communities are becoming more and more necessary for retail stores, malls, experiential complexes, and shopping regions to thrive in today’s market. According to Davidovac, e-Commerce companies have gained significant market share in today’s retail market place.
Experiential Retail’s Growth In Today’s Market
Locally based Paul Davidovac, an agent in capital markets at Commercial Brokers International, says that hands on experiences, and interactive communities are becoming more and more necessary for retail stores, malls, experiential complexes, and shopping regions to thrive in today’s market. According to Davidovac, e-Commerce companies have gained significant market share in today’s retail market place.
Why Traditional Retail Shopping Is Still Alive Despite the Many Benefits of Online Shopping
With Black Friday and Cyber Monday around the corner, it is the perfect time to talk about the viability of traditional retail in the midst of an ever-growing e-commerce industry.
Online shopping in the U.S. has increased dramatically in the past decade or so. In 2002, desktop business to consumer (B2C) e-commerce sales in the U.S. was $72 billion.
Why Traditional Retail Shopping Is Still Alive Despite the Many Benefits of Online Shopping
With Black Friday and Cyber Monday around the corner, it is the perfect time to talk about the viability of traditional retail in the midst of an ever-growing e-commerce industry.
Online shopping in the U.S. has increased dramatically in the past decade or so. In 2002, desktop business to consumer (B2C) e-commerce sales in the U.S. was $72 billion.
E-Commerce vs. Traditional Commerce Series, Part 2
In part one of the e-commerce series, we discussed the strategies web-based businesses are using to win over clients from brick-and-mortar stores. In part two of this series, we will talk about the techniques that shopping malls are using to combat the rise of online retail. E-commerce has the potential to reduce traditional stores and malls’ revenues by offering a number of conveniences, such as the ability to buy from virtually anywhere, exclusive discounts, and same-day shipping. Mall developers have responded to this trend by building “lifestyle centers,” creating a novel experience, and participating in e-commerce themselves, among other strategies.
E-Commerce vs. Traditional Commerce Series, Part 2
In part one of the e-commerce series, we discussed the strategies web-based businesses are using to win over clients from brick-and-mortar stores. In part two of this series, we will talk about the techniques that shopping malls are using to combat the rise of online retail. E-commerce has the potential to reduce traditional stores and malls’ revenues by offering a number of conveniences, such as the ability to buy from virtually anywhere, exclusive discounts, and same-day shipping. Mall developers have responded to this trend by building “lifestyle centers,” creating a novel experience, and participating in e-commerce themselves, among other strategies.
