Retail isn’t growing, but it still accounts for 80-90% of sales in almost every industry. Online sales will probably overtake brick and mortar… in 5 to 10 years

Retail isn’t growing, but it still accounts for 80-90% of sales in almost every industry. Online sales will probably overtake brick and mortar… in 5 to 10 years—in the US. Amazon is big, but only really in he US. And only certain verticals. And only typically among affluent urban households. You’re describing why online will badly damage NYC retail, which is the context of this conversation.