Thursday, July 25, 2013

broken business model

Retail stores are a broken business model my fine ones. Competing with online sellers is impossible or near so. Bricks cannot beat clicks as they are old school and then some more. Stores think that taxing internet is a shot in the arm. However, they are wrong. Operating costs are going up. Electricity that comes mostly from coal will increase in price. Blame the carbon tax fro this one. Also, there is an increase in minimum wage. Yeah, and even talk of a new LIVING wage. This could be the final nail in the coffin that is the ghost mall now.

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