Which Retail Categories Will Survive?

Remember when we had 3 stalls at the Queen Victoria Market selling CDs? Retailing is a dynamic industry and categories come and go. According to a recent article, here is a list of likely survivors and those in danger.

In Danger –

1.      Newsagents.

2.      Opticians.(Online competition growing)

3.      Camera Stores.

4.      Bookstores.

5.      Electronics Stores (Some).

6.      Any retailer that lets themselves get stale.

Likely Survivors –

1.      Jewellery.

2.      Hardware.

3.      Clothing.

4.      Department Stores.

5.      Pet Shops.

My category is not mentioned. Somehow I don’t get any comfort from that.