From the WSJ Real Time Economics blog we learn today that 21% of electronic and appliance sales were made on the Web. Here’s how it looks.
Since most of these buyers are probably young, say 40 years old or less, the implications for brick and mortar retailers are dire indeed. Electronics might be what they’re buying today, but diapers, children’s clothing and groceries won’t be far behind. Having become habituated to clicking for iPhones they aren’t likely to opt for time consuming shopping trips particularly as their lives become more complicated.