Attention Economy


Saturday, December 23, 2017

Future of the Retail Sector

Richard Florida considers the future of the retail sector:


Traditional Retailing is Collapsing in America:
The Economist notes:
“Not every mall or shop is dying. For now, store-occupancy rates are healthy. Nor have consumers stopped shopping. But they are spending money in new ways to the benefit of other businesses, such as restaurants, hotels and e-retailers, in particular Amazon. As a result, a giant established industry is descending into crisis.”

US retail industry is going through a massive change:

The Amazon-Walmart Showdown That Explains the Modern Economy by NEIL IRWIN

Amazon’s Move Signals End of Line for Many Cashiers by CLAIRE CAIN MILLER