Mall owner: Physical retail can thrive, despite e-commerce, with innovation
Although brick-and-mortar retailers have felt the impact of robust online buying in recent years, the in-store shopping experience remains dominant in the retail sector, and online and offline retailing can coexist and cooperate, according to the managing director of HKR International Ltd.
Physical retail spaces can continue to succeed even with the rise of e-commerce, according to the managing director of HKR International Ltd. The company believes that the in-store shopping experience still holds a significant position in the retail industry. Furthermore, online and offline retail operations are capable of coexisting and even working together effectively.
This perspective is important as it suggests strategies for traditional retailers to adapt and remain competitive in the evolving market.
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