Over 8,000 retail locations are scheduled to close this year around the country. I see evidence of it every single day as I walk around NYC.
It got me wondering how my own shopping behavior has changed over the last 5 years. Where do I now get the products that I use every day vs. where I used to buy them? Big changes driven by cost and convenience.
- The big winners for my dollars have been walmart.com, Amazon Prime, COS, Anthom, and Ludlow/Soho House.
- The losers: Duane Reade, Anthropologie, Zappos, Staples, Best Buy.
- I’m spending somewhat less at Whole Foods but primarily because I am cooking less. Instead, I’m spending more ordering from Seamless and eating out at Ludlow/Soho House where I both work and socialize several days a week.
See below for more details on where/why I am spending more/less now vs. 5 years ago.