Stores Confront New World of Reduced Shopper Traffic
Retailers got only about half the holiday traffic in 2013 as they did just three years earlier, according to ShopperTrak, which uses a network of 60,000 shopper-counting devices to track visits at malls and large retailers across the country. The data firm tracked declines of 28.2% in 2011, 16.3% in 2012 and 14.6% in 2013.
Boldfaced added by me.
And they’re blaming online shopping instead of their own suicidal shrinking selections.
Why bother to even visit a store when it’s becoming increasingly obvious they’re cutting back on what they carry?