This Business News Story Was Uncovered By Us From: https://startupmindset.com/advantages-and-disadvantages-of-the-brick-and-mortar-business-model/
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With the popularity of online shopping, many people have questioned whether brick-and-mortar businesses can still compete with online models. Starting a traditional business that involves a physical location, to many, seems unnecessary and sometimes risky.
For decades, many predicted that retail locations would be obsolete. Replaced by internet-based business model retailers. However, it seems like the opposite is happening as brick-and-mortar stores have seen a resurgence this decade. The US Department of Commerce Retail Indicator Division reported that retail sales have increased 17.9% over the previous year.
Continue reading Advantages and Disadvantages of the Brick-and-Mortar Business Model at StartUp Mindset.
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