Shop till you drop: Stores are being hit by online retailing
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Print section
Print Rubric:
The painful metamorphoses of physical shops
Print Headline:
Shop till you drop
Print Fly Title:
Traditional retailing
UK Only Article:
standard article
Issue:
The new bazaar
Fly Title:
Shop till you drop
WHEN AMERICA’S RETAIL bosses gathered in New York earlier this year for the annual shindig of their trade association, the National Retail Federation, there was much talk about new technology to improve the industry’s prospects, from sensors that read consumers’ facial expressions to machine-learning software that can optimise prices. The ghost at the banquet was the company that gave no presentations but made its presence felt everywhere: Amazon.
Traditional retailing has had a tough time lately. Traffic in shopping centres in Europe’s biggest markets has been declining. In America, which has about five times as much space in shopping centres per person as Britain, the pain is acute. Chains that …
Source: Retailing
Shop till you drop: Stores are being hit by online retailing