Aisling O’Connor: High street bubble set to burst asshoppers embrace e-tail therapy
Has the time come for the long goodbye to the ringing till and the tired-looking sales assistant muttering: "Please enter your PIN"? As the internet continues to transform how we work, rest and play, e-commerce is reshaping the retail landscape as we know it.
Christmas shopping has been big news in recent weeks. Many Irish retailers reported an increase in revenues and footfall on last year – even though astute shoppers held off for early sales as well as spending big in the premature 'January Sales' from Christmas Eve onwards.
But while queues were forming on the evening of Christmas Day to bag discounts when shops opened, more shoppers than ever clicked their way through the bargain rails – with reported online takes of £300m (€370m) and £400m (€492m) on Christmas Day and Boxing Day from British 'armchair shoppers'.