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Online may reap benefits
Aug 13 2008 by Tony McDonough, Liverpool Daily Post
ONLINE retailing could be an unlikely beneficiary of the current doom and gloom in the economy.
The news that sports retailer JJB is to shut 72 of its 409 shops, while Endsleigh Insurance is to close 119 outlets and focus on its online offering, could be the catalyst for other businesses to follow suit.
Property lawyer Paul Rogers, an associate at law firm Stephensons Solicitors, said: “The credit crunch is forcing all businesses to re-evaluate their options and one obvious choice is to invest more in online retailing.”
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