Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Store Traffic Continues to Fall

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

A variation on “out of sight, out of mind,” is being played in malls across the U.S., and its theme is simple: People aren’t going to stores as often as they used to, and it’s impacting retail sales in a major way.

In its most recent report on physical store traffic in the U.S., big data firm RetailNext reported that retail footfall has declined each month in the last two years, as increased shopping options like e-commerce and mobile commerce allow consumers to go to the mall less frequently.

Retail sales at physical stores has also been falling, down by between 6 percent and 11 percent in each of the past six months.

Read more at Sourcing Journal.

Related Articles

More from our brands

Access exclusive content Become a Member Today!