You only have had to watch OMC walk-in retail go from two full floors to 1 1/2 to 1 to 1/2 a floor as their internet sales rose to see what's going on. I think it's just an inevitable part of the process as we as a society sort out what we're going to buy on line and what we want to actually see, touch, and hold before buying. Mostly going to end up big box and on-line with few exceptions inbetween.
Bummer all the way around, but you have to ask yourself how much gear did you buy on-line or big box (REI) last year vs. walk-in to shops like Climb Max?