Physical Brick and Mortar locations no longer make sense for many retail businesses, as Walmart/Amazon have same day delivery.
If folks have ever been financially bent-over for a retail business shop location they understand why margins matter. One has to move a lot of inventory just to reach a profit mode.
Gimmicks only work for awhile, as consumers have full market awareness on their smartphone. =3
> Physical Brick and Mortar locations no longer make sense for many retail businesses, as Walmart/Amazon have same day delivery.
This is bull. Take paint brushes for fine finish when painting houses. Amazon sells "paint brushes." But what they don't sell are paint brushes that are actually fit for purpose. It's fine if you're only planning on painting some pre-textured walls. You're probably already using that cheap $20/gallon Valspar so you won't even notice that it takes you 3 extra coats to get good coverage. And you don't notice the brush marks because the orange peel texture on your drywall is designed to hide them. And I bet you walk around saying how hard it is to get a good markless coat of paint on your interior doors without spraying.
If you buy a nice paint brush and good paint a lot of those issues actually go away and it gets a lot easier to do the job. And the only way to know if a brush is good is to pick it up and look at the bristle tips. Are they fine? Are they flagged? Does it have good stiffness? Does it have any weird "stiffener" bristles to hide how cheap the actual brush is? You can't see that until you get the brush.
Worse, Amazon sells the same brush through 50 different brands. They completely choke out the really good listings that used to be on the site. So good luck getting anything different from any of the sellers on there. By category Amazon beats Brick and Mortar. But if you know what you're doing and you're looking for something specific that is of high quality Amazon is only one step above Temu.
The malls in Japan and Thailand are booming. There are a ton of crowds, they have plenty in stock, there are dozens of restaurants that keep people in.
You can also do delivery in those places.
I think a lot of places in the west, but America especially, convinced themselves their poorly run physical stores, owned and nigh operated by venture capitalists, is an indicator that people don't need them anymore. The world has shown that that is clearly not the case.
Indeed, and rent in big cities for food service establishments is getting out of hand as well. The local Shawarma place now is something like $18 for one basic chicken shawarma but they're also paying a truly absurd rent for a retail premises with commercial kitchen equipment on a busy pedestrian street.