More than 12,000 stores are expected to close in 2018 — up from roughly 9,000 closings in 2017.
LINK: A tsunami of store closings is about to hit the US — and it’s expected to eclipse the retail carnage of 2017
This is bad news for Sears shoppers.
Vacant storefronts are becoming more noticeable in the capital of consumption, as small retailers are being pushed out by wealthy investors
Apple (with iOS) and Google (with Android) have been both successful in the smartphone market because they invested huge resources fostering a robust platform/ecosystem of partners and developers built on symbiotic relationships.
It’s this robust platform/ecosystem that is so attractive to Consumers, because it fuels the following virtuous-cycle:
1) more partners/developers create more functionalities that make the platform/ecosystem more attractive to final-users Continue reading
Why does a Retail Technology Vendor/Solution-provider have VARs?
Because so it can save precious resources.
Customer acquisition (in a word, SELLING) is very difficult in the retail tech market mainly because:
- it has very long sales-cycles – that is, it’s very, very time consuming and expensive
- it doesn’t scale – to sell more, you need more Sales-people
Additionally, Continue reading