The Paradigm Shift To Online Shopping
Posted on March 04 2018
Retail sales results from April, 2017 - were just released...while department store sales are down, online sales continue to rise! Brick and mortar stores are NO LONGER THE FUTURE OF RETAIL.
"Consumers ARE SPENDING, they're just not spending in department stores."
Despite the DROP in retail sector stocks after disappointing same store sales from a slew of department store chains including JCPenney, Nordstrom and Macy’s, fresh data released Friday show consumers are not only more confident about their economic situations, but also spending at the strongest pace in three months – just not in physical retail stores.
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