I wrote yesterday about commercial real estate is headed downhill. Today I saw a blurb for an article by NYU Stern saying Amazon is killing location New York shop owners. So my thinking we could say is in line with that of NYU, but this is nothing new.
The transfer of consumables and household items from storefront to online is a threat but there is hope in the services industry. As people can’t get thier haircare, childcare, medical care or any human or animal body work in a box. Additionally car repair (those who still have them), home repair(those who still have them), police, fireman, politicians and municipal services.
So the world as we know it will change and retail stores will diminish. People will still need last minute outfits that make them look good. As long as looking good or attracting a mate is a thing. Until that is deemed descriminatory or offensive.