I feel fairly confident that entry level wages in many industries are higher than they have been. At least in my market it seems to be around 12.50 to 13.50 an hour. I do think that dumbing down clothing standards in the work place also has the advantage of limiting an employee's money spent on clothing and helps keep wage inflation down (i.e - you don't have to pay your employees more just so they can dress better). Therefore, it is to the employers' advantage to relax dress standards.
Brick and Mortar is definitely dead as well as the large mall in America. Free standing big box stores like Costco and WalMart can continue to rule but the days of a Sears/JC Penney/Macys/etc. as an anchor store is limited. The one exception is where it can be a destination mall but even those may face problems in the future.
At the high end I think there will always be a market. But hasn't that always been the case?
Brick and Mortar is definitely dead as well as the large mall in America. Free standing big box stores like Costco and WalMart can continue to rule but the days of a Sears/JC Penney/Macys/etc. as an anchor store is limited. The one exception is where it can be a destination mall but even those may face problems in the future.
At the high end I think there will always be a market. But hasn't that always been the case?