The Transformation Of Retail

The U.S. retail marketplace is undergoing an unprecedented transformation, thanks to a number of change-making factors. We’re all aware of the meteoric rise of e-commerce and the recent decline of brick-and-mortar retail, but that’s only part of the story. Retailers across the country are also struggling under the weight of debilitating debt, largely due to leveraged buyouts from private equity firms.

To complicate matters further, many young people are spending less money on products, opting instead to invest in experiences.

Despite these alarming trends, retail is still thriving — albeit in a different way. According to Adobe Analytics, U.S. retailers raked in a record $7.9 billion in online sales over Black Friday and Thanksgiving in 2017, up 17.9% from 2016.

Read the full article here

Follow us on social media for the latest updates in B2B!

Image

Latest

ICN: Investing in the Future of the Global Nurse Workforce | Howard Catton | EP04
ICN: Investing in the Future of the Global Nurse Workforce
November 6, 2024

In the latest episode of Care Anywhere, host Lea Sims sits down with Howard Catton, CEO of the International Council of Nurses (ICN), to discuss the state of the global nursing workforce. As a respected figure in global nursing, Howard shares insights from ICN’s recent findings, addressing a projected global shortage of 13 million…

Read More
Waldo Waldman
Building Profitable Relationships: Leadership Lessons by Decorated Fighter Pilot Waldo Waldman
November 5, 2024

Keynote speaker and leadership expert Waldo Waldman is the author of the New York Times and Wall Street Journal bestseller Never Fly Solo. He teaches tactics on how to build trusting, revenue-producing relationships with employees, partners, and customers while sharing his experiences as a decorated fighter pilot and sales expert. A graduate of the…

Read More
How the use of K9's can change the Culture & Climate on Campuses
How the Use of K9’s Can Change the Culture & Climate on Campuses
November 5, 2024

On the latest episode of Secured, host Mike Matranga of M6 Global Defense welcomes Greg Guidice, President and CEO of Zebra K9, to discuss the critical role K9 units play in enhancing security and well-being across multiple sectors. Greg shares how Zebra K9 has evolved from primarily explosive detection to addressing emerging needs in…

Read More
AI data
Applied Digital Ellendale AI Data Center: October 2024 Update
November 5, 2024

In October, Applied Digital’s Ellendale AI Data Center project in North Dakota continues to make remarkable strides. Following September’s progress on the utility substation and foundational infrastructure, we now see further development in the facility’s three-tiered structure. Spanning 363,000 square feet, this facility is designed to support a substantial 100MW IT load, positioning it…

Read More