Tag: traditional retail decline
Evaluating the Impact of E-commerce Growth on Traditional Retail Using Econometric Methods
The rapid rise of e-commerce growth over the past two decades has fundamentally transformed the retail landscape worldwide. As consumers increasingly favor online shopping, traditional brick-and-mortar stores face significant challenges, with many experiencing declines in foot traffic and sales. This article uses econometric methods to evaluate the impact of e-commerce growth on traditional retail, revealing…