Make no mistake, bricks-and-mortar retail is in bad shape.

In the past few weeks alone, value-focused department store operator Gordmans(GMAN) - Get Report ; appliances, electronics and furniture retailer HHgregg (HGG)  and RadioShack successor General Wireless Operations all filed for bankruptcy.

Major mall-based department store operators including Macy's(M) - Get Report and J.C. Penney(JCP) - Get Report  - plus about a dozen more retailers - plan to close hundreds of locations this year due to declining foot traffic and heightened e-commerce competition from dominating players like Amazon(AMZN) - Get Report .

Meanwhile, Sears Holdings Corp. (SHLD) is headed down a steady slope to collapse.

Fast forward to 2030, and the futurists at consumer financial services firm Synchrony Financial imagine a shopping experience that "looks dramatically different than it does today." In a recent report, they acknowledge that whole bricks and mortar retail has a place in the future, but companies must start to evolve today if they want to survive. 

Here are some of the firm's top thoughts on where retail is headed. 

Editors' pick: Originally published March 21.