| Online retailers head to bricks and mortar |
| Tuesday, 01 November 2011 12:24 |
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"Retail landlords are facing a lack of tenants and we will start to see them drop their rents accordingly," Mr Gunn says. "I can see a trend emerging for offline/online presence - and smart retailers are already understanding this." The main benefit for on-line businesses has been low overheads, primarily rent savings, and lower online marketing costs. "Bricks-and-mortar retailers complain that they are suffering at the hands of online stores, but my customers tell me they'd love to come into a store to view my goods," he says. "Once online stores enter the retail world we will find our shopping experience changing drastically. The online world will be brought in-store with digital staff and interactive terminals. This will be both novel and cost-effective." |
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Brady Gunn, who operates the Dockhub online iPod speaker dock store, says the only thing stopping many ecommerce sites from having a 'high street' presence is rent - and shop rentals are already falling, making the prospect more appealing.








