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No, i don't think so. I think traditional retail stores will never vanish as many people prefer to physically engage with the items rather than viewing them as images.
Yes! now a days as we all know we see an extreme growth of the online retail sector , This numerous growth shows the future of global business would be internet.
Yes, most companies have under staff and make a huge turnover monthly, it reduces overheads and easy access to various products and services from the convenience of your home
Upto a certain extent that people can find more variety of products in the online store, but tangibility of the product is also an important factor. By seeing and touching the products gives a better feeling