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2013-01-10

The “high street”

A BBC audiocast spoke of people using local stores, they call brick and mortar stores “the high street”,  to touch a product and play with it and then buying it online because it was so much cheaper. It is getting to the point now that people are trying on clothes and buying them online for the same reason.

Stores are not happy about it. The online places do not have to pay as high a rent or for retail staff and thus have lower costs. At some point the local stores will collapse because they are not selling. I remember a story of a man getting thrown out of an Office Depot because he was comparing prices on his phone. Been a while.

Amazon and others are looking into same day delivery. These online stores will use local warehouses to deliver selected goods the same day our order them. This will be the final nail in several coffins. I hear you can order coffins online.

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