Re: More store closings coming: An estimated 12,000 shops could close by the end of 2019
IMO this is just a rather messy transition. Entrepreneurs will figure out relevant business models that work in mostly a hybrid environment of brick and mortar/internet based. So far workers seem to be getting mopped up, so expansion and replacement businesses are preventing a catastrophe. If this was happening in a recession apocalypse might be somewhat appropriate, IMO difficult transition better describes what is taking place.