I'll admit I'm not in marketing, but it's always struck me that the manufacturers are as much to blame as anybody for the plight of the B&M stores. If you don't live in a major metropolitan area, you can't possibly see and hear all the gear you might want to consider, and the manufacturer's enforce this tight, and ultimately small, dealer network.
I have no idea what the demographics of high-end audio buyers is - it makes sense that it's boomers, but boomers are also the ones who are currently at the age where one has discretionary money, so maybe when current 20-somethings are middle-aged, they will spend bigger $$ on audio. Even if they do, though, I don't think it will be in the model of high-markup, personalized attention B&M.
The model has to support a customer who has done their own research, doesn't want to pay all the overhead of a B&M store, but is willing to pay for "optional" things like the equipment being brand new, a warranty, a home audition, etc. If you're just going to sit in your B&M storefront and charge me full retail, I'm just not interested.
I have no idea what the demographics of high-end audio buyers is - it makes sense that it's boomers, but boomers are also the ones who are currently at the age where one has discretionary money, so maybe when current 20-somethings are middle-aged, they will spend bigger $$ on audio. Even if they do, though, I don't think it will be in the model of high-markup, personalized attention B&M.
The model has to support a customer who has done their own research, doesn't want to pay all the overhead of a B&M store, but is willing to pay for "optional" things like the equipment being brand new, a warranty, a home audition, etc. If you're just going to sit in your B&M storefront and charge me full retail, I'm just not interested.