Exchange and Mart has always been a stalwart of the UK secondhand car buy and sell classifieds.
Today it has been announced that Exchange and Mart is ditching the newspaper to go purely online.
Some people may look at this with a fond sadness - thinking that it is yet another victim of the credit crunch. However, the realistic way of looking at this is that more and more consumers are becoming web savvy and use the internet for more and more purposes - a vast amount of them being for retail.
Occado, Waitrose's internet delivery people, has reported an increase of 25% over the holiday period.
Think about that - 25% growth of a relatively expensive food chain during a recession!
In 2001 we had the dot com bubble - now we have lost Woolworths, and Zavvi and Marks & Spencers are each cutting over 1000 jobs.
Online businesses are weathering the recession better than most and in some cases growing in a world where offline businesses are going to the wall.
Are we going to see a reversal of 2001, were everyone will ditch offline business and the rocks that they will be clinging to will be online business?
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