Brick and Mortar Retail is Not Dying

| December 12, 2017

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Brick and mortar retailers are closing in record numbers this year, but if you take a closer look at the list of retailers closing their doors this year you will notice approximately half of all the closures are by national retailers such as Payless Shoes, Radio Shack and The Limited. Many believe that e-commerce is rapidly taking over the retail industry and will eventually lead to the death of the brick and mortar retailer. E-commerce is definitely growing at record levels, but online sales are still only a small percentage of the total retail picture. According to the U.S. Department of Commerce, in 2016, e-commerce accounted for $389.9 billion of the total $4.849 trillion in retail sales, or roughly 7.8% of total retail sales. Nine out of ten of the top U.S. retailers are brick and mortar stores, with Amazon being the only exception. Among those nine retailers, all but one generated sales growth in 2017.

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Shop DBS

Shop DBS is one of the leading retail companies in the sales of consumer electronics of major brands. Our mission is to offer high quality products at affordable prices and with an excellent shopping experience both in our physical store and in our online channels.

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