During the last year, longstanding brick-and-mortar retailer chains such as Toys “R” Us, Payless, and Diesel USA have filed for bankruptcy. Failures like these happen despite the fact that U.S. consumer spending currently is high, and the unemployment rate is low. Why is that? We cannot address this topic without first taking a good look at Amazon and the massive power it represents in the online commerce hemisphere. In 2018, Amazon accounted for a staggering 49 percent of all U.S. online spend.
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10 Steps to Create a Seamless Omnichannel Business
Posted by: Benjamin Gundgaard April 9, 2019 05:00 AMDuring the last year, longstanding brick-and-mortar retailer chains such as Toys “R” Us, Payless, and Diesel USA have filed for bankruptcy. Failures like these happen despite the fact that U.S. consumer spending currently is high, and the unemployment rate is low. Why is that? We cannot address this topic without first taking a good look at Amazon and the massive power it represents in the online commerce hemisphere. In 2018, Amazon accounted for a staggering 49 percent of all U.S. online spend.