No doubt about it. Plenty of retail stores are in line for bankruptcy because they have such high overhead costs. Online retail only costs a fraction of a physical location, yet they see just as many sales.
People are tired of the costs being passes on to them. Why go out and buy something when you pay more and have to deal with a crowd, unless you needed it immediately?
More are coming - http://theeconomiccollapseblog.com/archives/2017-is-going-to-be-the-worst-retail-apocalypse-in-u-s-history-more-than-300-retailers-have-already-filed-for-bankruptcy
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