As much as it may hurt, accepting, adapting and coalescing with change are three ways by which many retailers can avoid a very challenging scenario.
The industry is evolving and that, therefore, we must reinvent ourselves to face the giants of online retail. Reinvention is the keyword for what's to come.
The retail apocalypse has been a staple of the landscape and everything seems to indicate that this situation is likely to drag on for a couple more years.
The retail industry is experiencing an accelerated revolution with the goal of attracting more customers and boosting sales.
Stores around the world are closing mainly because the consumer is now looking to be satisfied anew, beyond the final product.
The use of technology and the new tools that can be implemented in retail will be decisive for a number of decades-old operators to keep their businesses afloat.
Retail companies in the UK have been reporting sustained low sales numbers, and show signs of a slowdown that could be made worse by a hard or no-deal Brexit.
The trade war between the US and China continues to become more complex, as prices of products imported from China have gone up.
Home improvement is an interesting business: companies work with large volumes of products, so logistics hubs are essential to managing inventory, apart from having employees that actually know what they are talking about and understand the needs of each customer, who often don’t even know what they need.
Retail stores are closing while sales are on the rise: that can only be explained by the natural forces of market concentration, in which only the ablest to adapt to the current reality will survive.