Is e-commerce a frenemy?

Experts weigh in on the mistakes retailers have made, the bright spots in retail real estate market and why online and brick-and-mortar need each other

From the retail issue: These days everyone is trumpeting retail’s downturn, with each earnings call, retail conference and panel seeming to ending in the same rueful refrain.

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Recently, billionaire investor-slash-oracle Warren Buffett shared his perspective on the retail landscape: “The department store is online now.”

“I have no illusion that 10 years from now will look the same as today, and there will be a few things along the way that surprise us,” he added during Berkshire Hathaway’s annual meeting on May 6, Business Insider reported.