Online Retailers Black Friday is over. Early indications are that online sales will far surpass all-time records. By contrast, early results on department stores are mixed. Question – Do online sales cannibalize brick-and-mortar sales, or are they complementary? A Broader View of Retail Sales Before addressing the department stores versus online retailers issue, here’s a broad view of the American consumer. It’s fairly easy to see that the most recent tick at 1.7% Y/Y is weak. Incredibly weak. ShopperTrak, the leading global provider of consumer behavior insights and location-based analytics, today released its preliminary sales estimate for brick-and-mortar retail on…
Perhaps the Cannibalization of Department Stores' Sales by Online Retailers Is Over?
Harrison Roger
Roger is an economic adviser and active angel investor. He owns various economics firms. His work allows him a diverse group of clients across the globe, including the United States, Europe, and Asia. He holds a Ph.D. in business economics.
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