It seems like you’ve been hearing about it for years.
Retail is an industry at risk. Sales are declining. Jobs are being shed. Consumers get what they need on the internet.
It’s true. The business is changing. But it has been for years — look where you are right now, reading the site of one of the largest wholesalers in the world. And the smart companies keep up.
That’s what’s behind Wal Mart’s recent un-Walmart like behavior. The powerhouse retailer known for it’s low prices, efficient supply chain and, well, let’s face it, less than hip clothing, has been snapping up online brands that are slick and fashion forward.