“Pure-play web retailing is not sustainable.”
As they continue to open more pop-up stores, physical book stores, and grocery stores, Amazon.com is continuing to make headlines. At the same time, traditional retailers continue to make headlines with numerous store closings. On the surface, one seems to be replacing the other. But looking deeper at the situation, something more interesting is going on.
First, Amazon wants to sell us more. With e-commerce accounting for 10 percent of total retail sales, Amazon surely wants a crack at the other 90 percent. What’s more, ...