Question
A lot of articles have been written recently about the death of retail and there certainly have been a lot of stores closures in the
A lot of articles have been written recently about the death of retail and there certainly have been a lot of stores closures in the news. Bricks and mortar retail was under pressure from e-commerce prior to Covid and Covid seems to have accelerated change in the sector. Many Class B and C malls are now obsolete and being converted to new uses. But another way to look at this is that the retail sector has always been evolving - that the Sear's mail order catalog disrupted Main Street retail in its day - and that retail will always exist except that new formats and retail concepts will arise to meet the needs of the present environment.
True
False
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