07 Dec Kurt Salmon: Stores Aren’t Dead, They’re Transitioning
Some say brick-and-mortar stores are headed to their end, while others remain steadfast in their belief that stores are staying put.
So which is it?
We know Black Friday didn’t bring the zing retailers had hoped for to kick off the holiday season, that 58 percent of retail executives don’t think brick-and-mortar only stores will make it in the future, and that Macy’s CEO Terry Lundgren thinks the whole talk of stores tanking is just exaggerated.
But according to Kurt Salmon consultancy retail and supply chain strategist Steve Osburn, stores are shifting their strategies, and they don’t in fact have one foot in the grave.