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Toys R Us and House of Fraser are some of the high street names that have faced tough competition from online retailers in recent years. Is the bricks and mortar model passé? Are some industries more resilient than others? And what does this mean for investors? Watch M&G’s Stephen Wilson-Smith explain how a French beauty giant sells more products online than in Latin America and how a US ice-cream maker broke down high barriers of entry to beat long-established rivals.