Monday, June 12, 2017

The Death of Retail Is Greatly Exaggerated

Image result for costco shoppersIt’s not even half over, and 2017 has already been a year for the record books for traditional retailers. Just not in the way they would like.

National brands like J.C. Penney, Macy’s, and Sears kicked off the year by reporting awful holiday season results—and then announcing hundreds of store closings. Then there are the bank­ruptcies, including once-vibrant chains like the Limited, Payless ShoeSource, and RadioShack.

Symptoms of an industry-wide meltdown? Well, not exactly. . . . more

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