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Bigs Quote by Carlos Slim

“I think one of the big errors people are making right now is thinking that old-style businesses will be obsolete, when actually they will be an important part of this new civilization. Some retail groups are introducing e-commerce and think that the bricks are no longer useful. But they will…” quote by Carlos Slim
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“I think one of the big errors people are making right now is thinking that old-style businesses will be obsolete, when actually they will be an important part of this new civilization. Some retail groups are introducing e-commerce and think that the bricks are no longer useful. But they will continue to be important.”

Carlos Slim

About This Quote

Source Interview: Business Insights, 2015

Old‑style brick‑and‑mortar businesses remain vital in the digital age, complementing e‑commerce rather than being obsolete.

In simple terms: Physical stores still matter despite online growth.

Key Takeaway

Integrate online and offline strategies.

Themes

business technology retail

Mood

optimistic pragmatic

Type

business strategic

When to use this quote

  • store design
  • omnichannel marketing
  • community hubs

Key Concepts

digital transformation brick‑and‑mortar consumer behavior

Questions to Reflect On

  • How can retailers blend both models?
  • What unique value do physical stores offer?
A Different Perspective

Overreliance on digital can alienate certain customers.

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