At this point the news that the retail giant’s same-store-sales number are in a decline. That’s been reported since mid 2013. But the fact that the trend is continuing amid otherwise (relatively) strong economy growth and the lowest unemployment rate since 2008 can be looked at as an indicator of the end of… something.
Just exactly what is ending and what will take its place is open for conjecture. The trend of big-box retailers decimating local retailers is now part of our legacy. Rising in its wake is the growing prevalence of online retailing. And as these online and big-box showcasing grow one has to wonder what the role of the physical store will be in 10 years.
Read more: http://www.ec-bp.com/index.php/articles/editors-blog/10743-what-happens-after-walmart#ixzz3FlM4cUoM
Ancien Hippie 