The last decade dramatically shook the retail sector. Many retailers haven't been able to survive these changes, but brick-and-mortar retail overall isn't dying — it's just entering a new era. (via CNNBusiness Perspectives)
Tracy Hadden Loh is a fellow with the Anne T. and Robert M. Bass Center at the Brookings Institution. Jennifer S. Vey is a senior fellow and the Director of the Anne T. and Robert M. Bass Center for Transformative Placemaking at the Brookings Institution. The opinions expressed in this commentary are their own.
.leftside-floating-image { float:left; width:100%; max-width: 350px; display:block; margin:0 1.5rem 1rem 0; } @media screen and { .leftside-floating-image { width:100%; display:block; margin:0 auto 1.5rem; } Much of this has been blamed on the popularity of online shopping. But today's brick-and mortar-retailers are also grappling with a host of other challenges, including aging malls and fickle consumers who are demanding more from their shopping experience. While many retailers haven't been able to survive these changes, brick-and-mortar retail overall isn't dying — it's just entering a new era.
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