How Retail Is Poised to Reach New Heights with Virtual Stores

Traditional retail has changed greatly over the past few decades. The internet has eliminated a lot of need for generalized retail stores and before that, the largest retail entities had put many smaller pens out of business through more shrewd investments or through their competitor’s bad management.

In the years leading up to the Great Recession of 2008 many smaller stores folded and were followed by larger ones as the housing crisis gripped the world. While specialty stores stayed in business, joined by the more niche and well managed chains, many more chains disappeared permanently.

Further damaging the physical