Thursday, July 27, 2017

Smaller retailers vulnerable as competition intensifies

Image result for smaller retailersIntense competition among huge retail players like Amazon and Walmart is increasingly endangering smaller retailers, for which even small revenue declines can be devastating, according to a report this week from Moody’s Investors Service emailed to Retail Dive.

For retailers under liquidity stress, even $10 million quarterly loss in revenue can create a make-or-break scenario, Moody’s said. Additionally, retailers are dedicating resources to their e-commerce channel because of its fast pace of growth, though digital sales have yet to reach 10% of overall retail sales. The costs are taking their toll in almost every segment of retail, Moody’s said.. . . more

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