Why are so many retailers closing up shop? It's not what you think
from By Danielle Manley
Technology has transformed retail in the past decade. Many see e-commerce as the future, and experts have wondered if the brick-and-mortar retail location is becoming a thing of the past. But recent announcements of store closures by Wal-Mart and Macy's may not boil down to a simple fight between e-commerce and physical locations. The key to success seems to be the ability to transform your business to accommodate the changing customer base in the long term.
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