The Dark Shadow Shrine

embrace the darkness; that you may see the light nestled within it......

Monday, September 28, 2015

In China, online retail spells death of malls

Click HERE
Interesting phenomenon about how technology (online shopping) is causing brick-and-mortar shops in the real world to disappear....Convenience for shoppers? Cheaper for businesses? (no need to pay for rental).....but loss of jobs for those in the sales line? or would it create an crease in demand for jobs in the delivery sector?
But would u buy a car online? So does the nature of the products matter?

In Singapore, you want to know that HMV just closed (or is it is going to close?) its final store at Somerset 313 recently. Music is so readily available online (whether on sale or pirated) that we don't need to go to a shop to purchase the CDs anymore. What about bookstores now that we have Amazon.com and e-books online?