Friday, February 21, 2020

Your biggest competitor may not be Amazon

Chain Store Age
Every retailer is developing strategies to compete with Amazon, but another rival lurks in the background.

In the late ‘90s and early ‘00s, conventional wisdom held that every retailer was in competition with Walmart. The discount giant sold every product, could beat anyone on price, and operated with ruthless efficiency. Walmart’s entry into e-commerce in 2000 was an important signifier that online sales were here to stay. . . . more