Is Traditional Retail Dead?

Hey guys, I was driving this morning along Chapel Street, one of Melbourne’s most premier shopping streets, or at least it used to be before the internet came along.
Now, Chapel Street has … I think it’s a 50% vacancy rate. Now these are shops that haven’t adapted to the internet. They haven’t launched an online store, they haven’t adapted to the new way of selling, and the new style of selling.
I urge these shops, these traders, to look at E-commerce, create an online store through any E-commerce platform that you can get your hands on, learn E-commerce, or pay someone to do it for you, which is what we do, and adapt and overcome, adapt to the new style of trading.
Let me know your thoughts below about shopping strip retail. Is it still viable, or is it a thing of the past?