Retail: Retail's Final Frontier?
How
some stores
could evolve
(digress?)
into showrooms
(Part 3 of 3)
By
Rick Braddock
and Donn Rappaport
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While it seems safe to say that the century-old love affair between the American consumer and the retail store is on the rocks, it would be a mistake to short-sell personal consumption. After all, personal consumption accounts for some 70 percent of the American economy. The difference is that the economic crisis has driven shoppers into an “essentials-only mode,” which may last a good while.
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- Places:
- Fifth Avenue
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