The Retail Revolution – Global Trends and Opportunities (Asia Etailing Summit)
The Retail Revolution Is Under Way in the US
Store closure activity continues to exceed store opening activity
- Declining mall traffic
- Sales shifting online
- Cutting losses from unprofitable stores
• Amazon and Walmart have made notable
acquisitions in 2017, which have defined the
new retail landscape in the US.
• Petsmart moved to acquire Chewy.com, one of
the fastest-growing online retailers in the US.
• In fashion, Coach has moved to acquire Kate
Spade, Michael Kors – Jimmy Choo.
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