Retail has been changing for a while. Once upon a time, retailers specialized in certain types of merchandise with little cross-over between retailers. Unfortunately, assortment uniqueness is a thing of the past. Amazon has over 1 million products for sale online. No brick & mortar retailer can compete with that. With price and assortment advantages conceded to Amazon.com, other retailers need to compete on other levels. Check out this article for some interesting guidance for retailers who want to evolve in today’s competitive retailer environment.
