Just when retailers thought the challenge of the Great Recession was finally behind them, another challenge – lurking for years – is rising fast: Amazon.
Hundreds of articles have been published with advice on how “brick and mortar” retailers can differentiate their physical stores from Amazon’s encroaching online business. Among other things, these articles push personal-level customer experiences, such as workshops, wine tastings, and unique social events that cannot be provided through Amazon’s website.
All of these ideas are wise and good, but retailers should remember that when it is time to get a loan or refinance, the lender will
Continue Reading Is Amazon Killing Your Brick and Mortar Retail Business?