Prentice Capital Management LP & Michael Zimmerman on "Click & Mortar" Retail Sales
Traditional stores can take on e-commerce and keep their role by reinventing themselves faster to blend instore shopping with on-line, top retailers stated on Tuesday. Michael Zimmerman (Online PR News) of Prentice Capital Management (Street Insider) believes online shopping growth will quicken as consumers turn to their mobile devices seeking ways to preserve their lifestyle choices at lower prices. Strong online sales figures prove that low consumer confidence does not always equate to weaker consumer spending.
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