BUSINESSWEEK ONLINE:   Business Week ebiz
DATA MINE June 21, 1999 Will Cybershopping Crimp Earthbound Sales? As E-commerce increases, how much should brick-and-mortar retailers be worried about an erosion in sales? In a word: very. In a recent survey of 1,979 people, 24% said that online shopping would decrease the amount of money they spend at retail stores over the next six months. Some 27.6% of people under age 35 said shopping in physical stores would decline, compared with 22.4% for those over 50. How brick-and-mortar sales will be affected over the next six months: Decrease somewhat: 21.8% Decrease significantly: 2.3 Stay the same: 64.6 Increase somewhat: 5.7 Increase significantly: 0.8 Not sure: 4.7 Data: NFO Interactive _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ BACK TO TOP					MORE NUGGETS The Rx Industry is Headed for a Net Boom Message to traditional pharmacies: Ramp up online or risk losing market share. Mom-and-Pop Online Stores: A Thing of the Past? While the E-commerce pie is going to get bigger, the slice belonging to local stores will shrink in the coming years. High Phone Costs Thwart Netizens Europe's sky-high local telephone rates drive up the cost of logging on. Rating Online Brokers Which firms execute trades the fastest? Does the Boss "Get It"? North American bosses feel much more comfortable with the Internet than chiefs from other regions. The Country Gets Wired Nearly 60 million U.S. households are expected to have Internet access by 2003. The Mother Lode A collection of items from the Data Mine