Team, Check out this article from the New York Times as it is another reinforcement of the shift from brick and mortar to click and order. Citing Shift to Online Sales, Staples Says It Will Close Up to 225 Stores by the End of 2015 nytimes/2014/03/07/business/citing-online-sales-staples-announces-store-closings.html?_r=0 Staples has become the second major chain to announce the mass closing of stores this week, providing the latest evidence of how the retail landscape is being remade by shifts in American shopping habits. “Our customers are using less office supplies, shopping less often in our stores and more online, and the focus on value has made the marketplace even more competitive,” Mr. Sargent told analysts Two days ago, RadioShack, which is fighting to update its image, announced plans to close up to 1,100 stores, about one-fifth of its locations in the United States, after its losses widened during a dismal holiday season. The recession did heavy damage to chains like Staples, but online sales are affecting brick-and-mortar stores across the retail sector. Shoppers are buying online more, and they’re also window-shopping virtually, so they are making fewer store visits. Online shopping continues to grow and each of us owns a SHOP.COM website that offers over 40 million products and services from all of our favorite stores and pays us to shop! Market America & SHOP.COM is a growing global community of entrepreneurs who are economically connected and earning on virtually almost everything people purchase. Market America is changing the way people shop and changing the economic paradigm where anyone can become financially independent by creating our own economy.
Posted on: Wed, 12 Mar 2014 04:28:47 +0000
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