As regards your observation your dates are not correct for the UK retail market and the increase of on-line shopping was due more to other factors.For the UK you will see the typical High Street change to something we have never witnessed in the UK before and the outlook is exciting for what they have planned to regenerate.
I think we were suffered of economic downturn later than everybody else due to previous government's campaign to pump in the money back in to keep the economy float above the water. Thanks to them, most of major retailers were keeping employers and I kept my job.
However I knew it won't be long.