Blog: E-commerce eating up high street
Joe Ayling | 6 April 2011
It's day two of the Retail London Conference and so far there has been no mention of Marks and Spencer's sloping general merchandise sales this morning.
Much of the pre-coffee break talk was instead about e-commerce, which together with the downturn and supermarket competition is killing the high street.
Indeed, Javelin Group boss Tony Stockil told delegates that 25% of the UK's physical store network is expected to disappear by 2020. "What are we going to do with all this empty space," he says. "I don't know."
We are fast approaching the post-coffee break session now, when speakers will include the man who transformed global giant Tesco, Sir Terry Leahy.
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