Brick-And-Mortar Retail’s Demise ‘Highly Exaggerated’
As the country emerges from COVID-19-related restrictions and tries to regain its economic footing, people have wondered if brick-and-mortar retail will bounce back or permanently lose ground to online shopping. But metro retailers say they’re getting back to business as usual and national trade organizations and analysts generally back them up. Business people say foot traffic is up, sales are rising and more shoppers are out since coronavirus cases have declined and more people have been vaccinated. “I like to say the death of brick-and-mortar retail has been highly exaggerated,” said Nick LeMasters, president and CEO of the Cherry Creek North Business Improvement District. The upscale area has about 260 retail businesses, roughly 150 of which are locally owned, across the street from Denver’s Cherry Creek Shopping Center. Read more at The Denver Post.
