Technical Consumer goods: Time to say goodbye to stores?
For better or worse, online retail will continue to siphon turnover from stationary retail. And the more comparable the products, the more long-lasting the shift of turnover from stationary by online retail. Technical consumer goods (TCG) retailers and manufacturers have been among the first to discover this. Multi-media products and consumer electronics sales have gone through the (virtual) roof of online retail, leaving point of sale-oriented retail expansion planners vacillating in recent years between denial, panic and fatalism.