The Death of the American Brick and Mortar
Posted: Friday, January 14, 2011
by James McKee
http://www.forex.tradingcharts.com
There was a time in the US when Main Street was comprised of more than a Wal-Mart and a dozen fast food restaurants. There were appliance repair stores, collectibles shops and even art galleries. The invention and subsequent common utilization of the Internet has brought about some serious changes in the way we shop and the way we sell goods. Among the most benefitted of businesses in this new digital age is the art gallery and the artist them self.
The effect thus far has been one of doom and gloom for the traditional American marketplace and has transformed the way everyone does business. This new transformation has brought prosperity to many however older businesses are having a hard time keeping up with the trend. The added cost of a brick and mortar store necessitates higher prices than those offered by people without such high overhead.
Traders on the Forex currency exchange should take note of what businesses are doing to stay ahead of the curve with regard to who is unable to adapt. If the United States continues to resist progress with regard to online retail they may find themselves in a whole new world of hurt. Those who do manage to adapt will find themselves very prosperous indeed.
This Article has been viewed 113 times. (Not updated in real-time.)
No comments yet.We want your comments! If you can read this, you don't have javascript enabled, so you can't use this comment system. Please enable javascript.