The thing is that it is not just the hardware business struggling with very stiff competition from E-tail. If you observe nowadays people don't buy from brick and mortar shops anymore. People just go into the shops to take a look and likely end up purchasing online.
The likes of SLS which specializes only in hardware is more vulnerable since shopping centers still have quite a lot of eateries which is still doing relatively well. I am not surprise that SLS will eventually be gone and the shops either move to E-tail or to heartland shopping centers.
Agreed, especially when SGD and USD exchange rate dropped. Buying from Amazon and Newegg are much cheaper than getting from local shops. Not to mention brands that does not have a local distributor.
