Yes, it is, much like the transportation industry was changing when cars were invented while the horse and buggy makers assumed it was just a fad or wouldn't have too big an impact on their business.
Sound familiar?
It should.
The brick and mortar retail industry isn't "changing," it's in freefall, which is obvious to everyone except most Macy's employees, todays' horse and buggy folks who are in the dark, and in deep denial.
2 replies (most recent on top)
But but but new Nordstrom Manhattan FLS!
Yup. There is a hidden technology coming down the pike that will wipe the mall out. I think they are posing the company to be sold after the debts are paid