Simple Retail Question

User Generated

sbkenpvat82085

Business Finance

Description

  1. List and discuss several factors that are expected to change the face of retailing during the next decade.

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Explanation & Answer

I don't know much about 2 and 3. However number 1 definitely the internet; online shopping and online stores (eg eBay, Amazon's) are impacting bricks and mortar stores (ie shopping centres etc) to a large scale. Shops are closing down due to the competition against online stores and the ability to buy cheaper and compare prices nationally and internationally.


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