01 499 9017 hello@ebcd.ie

Our Blog☺

Are we facing into a retail apocalypse?

Are we facing into a retail apocalypse? The US certainly seems to be; over the past 15 years, close to half a million jobs have been lost in department stores there, while the next five years will see 25 per cent of the malls of America disappear as more and more shoppers embrace the allure of the online world.

Last week the toy store giant Toys R Us hired a team of restructuring lawyers to help it tackle roughly $400 million in debt as it struggles to compete with Amazon. The news prompted ecommerce delivery company ParcelHero to say the toy giant’s problems “reflect the overall collapse of high street toy shops as online toy sales take a monopoly of the market”.

Read more ...

More Articles ...

  1. South Korea Pushes Ripple Price Up 71%, as Japanese Banks Conduct Payment Trials
  2. Black Friday sale spend is likely to break all Irish records
  3. $7,150: Bitcoin Price Hits New All-Time High; $10,000 by 2017’s End?
  4. Survey shows Irish businesses are struggling with digital transformation
  5. Bitcoin Price Hits New All-Time High at $5,220
  6. Cryptocurrency Analysis: Bitcoin Rebounds Above $4300 as Ripple Surges
  7. Cryptocurrency Trading Volume Set to Surpass Apple Stock: Market Strategist
  8. Indian Central Bank’s Research Arm will Launch a Blockchain Platform
  9. When Choosing A Domain Name, Readability Matters More Than Size
  10. Ireland's economy says goodbye to the 'lost decade'
  11. How do Irish companies prepare for Brexit?
  12. Amazon sets up electricity unit in Dublin as it plans $1bn data centre
  13. 'Petya' cyber attack: Chernobyl's radiation monitoring system hit by worldwide hack
  14. Web Summit event move to Dublin ‘nothing to do with departure of Kenny’
  15. Ireland to host two tech conferences in coming weeks
  16. Almost 70pc of Irish workers believe SMEs and start-ups offer best office culture
  17. 3 Ways IoT is Going to Change in 2017
  18. Why social media marketing is important for an SME
  19. The SSL certificate explained
  20. Bitcoin, Gold and the Risks of Bum Comparisons
  21. Irish online spending on groceries rises by a quarter to €140m
  22. Online shopping surged by 15% last month but shop sales suffered
  23. The Past, Present, and Future of SEO
  24. Can SEOs make local search great again in 2017?
  25. Recent changes to organic sitelinks cause major drops in impressions in Google Search Console