Wednesday, March 1, 2017

Six Retail Chains, Six Survival Strategies

A Target store in Wilmington, Mass. Target reported sales and profit declines for the holiday quarter.Brick-and-mortar retailers are struggling with declining foot traffic and falling profit margins as more U.S. consumers shop online. Here is how six chains are responding to the challenge.

Wal-Mart: Has been investing heavily to expand its online sales, scooping up discounter Jet.com and building out its distribution system. It also invested in remodeling hundreds of U.S. stores, pushing down prices and reducing inventories.. . . more

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