Retail's re-invention is just getting started

© Phartisan

The retail sector comes under the microscope today. It may come as no surprise that a US National Retail Federation vice president is denying that retailers are in trouble. Nevertheless, he presents an interesting case, showing that competition is tough and foreign retailers are entering the US market; technological change is impacting the way business is done; and that retail is misunderstood. Brands are well-known – but the sector is not dominated by big business. “The truth is that 91% ...