Traditional retail's online high-wire act

Myer, Harvey Norman and JB Hi-Fi may have woken up to online retail opportunity but their online-only rivals aren't losing any sleep over their newfound ambitions.

JB Hi-Fi's recent results provided the latest example of how traditional retailers are coming to grips with their changing landscape. The tough retail environment has been further magnified by a steady customer migration into the online space. As consumers chase cheaper prices the challenge for traditional retail is to adapt to the online space while making sure that bricks and mortar operations don' fall by the wayside.

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