The Bogus “Retail Apocalypse” Looks More Like A Renaissance

by MR Magazine Staff

Hardly a day passes without some headline somewhere declaring that the retail industry is falling apart, along with a Chernobyl-like stock picture of a vine-choked escalator. Venerable brands are turning out the lights for the last time in thousands of stores. Hundreds of thousands have been put out of work. Online shopping is eating physical retail’s lunch, with no end in sight. All wrong—or at least a distorted notion. For starters, the idea that there’s some sort of crash taking place in the retail industry is factually inaccurate. Ask a landlord. Read more at Forbes.