Retailers are trying to hold back the Internet tide

Article Abstract:

Retailers which operate via the Internet are beginning to establish a strong presence in many sectors. They are able to offer goods inexpensively, as they do not have the overheads associated with running stores, and this makes them strongly competitive with their high street equivalents. Average operating margin for a virtual retailer is 18%, compared with around 6% for a traditional retailer. This development places traditional retailers in a very difficult position, and they are keen for electronic shopping to develop only very slowly.

Usage, Internet, Column

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Bid goodbye to Oxford Street

Article Abstract:

Visiting shops has until recently been the only way of making purchases. However, many leading retailers are now starting to offer various forms of electronic retailing, allowing customers to select purchases from their own home. Some retailers have established a presence on the Internet, while others are testing systems which are based on purchasing via the television, rather than the computer. However, it is unlikely that shoppers will purchase large or expensive items via a remote system.

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Doom and gloom engulf old high street names

Article Abstract:

Many of the UK's leading retailers are facing significant challenges. Storehouse, which owns Mothercare and Bhs, has warned that losses could reach 20 million pounds sterling in the first half of 1999, while WH Smith is being negatively affected by Internet retailing. Experts believe that some retailers grew complacent and have failed to respond to increased high street competition and the threat from new forms of distribution.

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