This research project delves into the influence of technological advancements and multichannel shopping on the high street shops and malls. Through a comprehensive survey of 100 university students, the study explores consumer preferences, shopping habits, and the challenges faced when switching between online and offline channels. The analysis utilizes various statistical measures, including mean, median, mode, quartile deviation, and correlation coefficient, to draw insightful conclusions about the impact of digital shopping on the retail industry. The report also examines the critical path method, NPV calculation, and IRR calculation as financial tools for decision-making in a competitive business environment.