Tuesday, May 23, 2017

IS THE RETAIL APOCALYPSE UPON US?

Via Virtual Capitalist, we learn about America's consumption patterns in "Retail Apocalypse: Everything You Need to Know ..."


First up we see that our brick and mortar retail stores (like Radio Shack) are taking a hit, big time, with bankruptcies starting to stack up through America.

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The primary reason for soaring bankruptcies in the retail world is the continuing surge in online sales across America (and the world). Simply put, more and more Americans are increasingly comfortable buying their stuff online.
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For more on this story, click here to access more charts and graphs on Virtual Capitalist.

- Mark

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