Submitted by Taps Coogan on the 18th of April 2018 to The Sounding Line.
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It is no secret that the last number of years have been devastating for brick-and-mortar retailers across the US. Increasing competition from online giants like Amazon has led to thousands of store closures and many big name bankruptcy filings. Since 2016, Aeropostale, Sports Authority, Eastern Outfitters, RadioShack, Payless, Vitamin World, Toys R Us, and Sears Canada have all entered into bankruptcy.
However, as the following chart from Statista shows, some brick and mortar retailers have been growing despite the increasing online competition. As Statista notes:
“While online retail sales rose to more than $450 billion in the United States last year, they still account for little more than 10 percent of total retail sales, depending on which categories you want to include in that total.”
“As the following chart, based on Nielsen data, illustrates, some retail categories have been hit much harder by the rise of online shopping than others. While things have indeed been looking bleak for brick-and-mortar book, apparel and electronics stores, other store categories, particularly those serving everyday needs, have actually seen a net rise in store count over the past ten years.”
You will find more infographics at Statista
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