Is interesting. The list of clobbered retails is long and as always the good are often knocked down with the poor.
My personal theorys go like this.
Theory 1
People buy stuff in shops.
People get mobiles and blow much of their disposable money on calling friends and jibbering.
People get fed up with phone impoverishing them and use less. Most usage was novelty anyway.
People buy stuff in shops again.
I definately percieve a lot less folks walking around with phones to their ears this year.
Theory 2
Oh may Gawd everyone is going to buy everything on the net.
Stores will go bust even if turover drops by just 20%
...... (wait).......
Hum this net buying is a pain when its not Books or crates of beer from Tescos.
Boo goes broke etc....
Maybe stores arent doomed.