For many years now, I’ve have seen retail everywhere now plummeting on new time lows.
I go out and see so many people out shopping in small town centers around my area. So far its amazing I go out I still see people going on shopping. The number one question how long are we going to see more retailers surviving with Post-Covid situation, Easy answer, No surviving through it this time.
Over this week, I was riding over to a local Home Depot shopping before it closed that evening. I wasn’t able to purchase my items on time, when I was leaving the Town Center, I notice the a big yellow “Going Out of Business” Sign outside of P1I. Weird to say it, I haven’t visited that store since my late-teens thereafter year outta High School.
Which brings me back memories working in the retail space, I can’t say I’ll ever miss working again over with retail. I knew at some point the tech sector will take over the retail space. The question came in mind was the how’s and when’s that was about happen?
Here we have E-Commerce!
Since of January of 2010, I was working during Obama’s Recession things were pretty slow looking for work, it was not easy looking work. Graduated out of high school months after recession started toward the end of Bush’s Term. The Recession hurt hard with many of the working class living, many people unemployed, I will stay it was rough at first job searching my first year. I was able to find something. To help me out financially in my younger years.
Over a decade steady growth economically, The retail during the Post-COVID will be upmost challenge with increasing staggation for retailers nationwide. COVID will proves E-Commerce will take over things the way it is. Very recent I’ve purchase computer through Newegg.
Before 2010 I had made few purchases on Amazon before retail, honest I’ve been more happy to save time purchasing online then go out of my way through a store you enter-in, wait in line, then waste gas driving back home for your purchase goods, tedious!. Now didn’t that mean I never like going out?No!. I enjoy spending time outside my house getting to see items and neat product displayed on store shelves. When it comes to the busiest times of year such as Black Friday or, 4th of July. there’s when I didn’t find fun waiting 15 minutes in a long clothing store, …..Those are the days I do not miss one bit. I will say it can be fun to walk into big malls , finding all the fine selection of goodies.
The Hard Truth
If we all have to honest the Death of retail is already in place, many people will not able to feel the effects of downward spiral ready crashing on stores, The money isn’t what it use to be, Right now the futures bright right now Online Shopping. PC Shopping for newPC Built was easy purchasing through Newegg, with help through an online community, total parts I have gathered up for example now I have, MSI Graphic Card, G-Skill RipJaws DDR4, Internal SSD, Power Supply, and to name a few. I am waiting on four CPU Cooling fans & MSI motherboard, which is arriving statewide around the corner. The Hard Truth of our economic situation, a V-Shape recovery isn’t going to happen likely, I’ll say many should get savvy on the trends on digital e-commerce & selling, this is where we’re heading.
Like it or not, E-Commerce is a clear winner. You can pretty much get anything on online. Almost anything, Really!