Room for Both Retail Formats

My Amazon Prime is frequently used, but I don’t know anything about TVs. If I need a new one, I’m going into a store to chat about my options. Apparently, I’m not alone.

Despite bad news for some retailers like Macy’s, which is shuttering 100 stores, Best Buy reported strong earnings and increased stock prices.

What does this mean for retail? Anthony Buono, executive managing director of CBRE Global Retail put it this way: “Today’s most effective retailers aren’t focusing on bricks-and-mortar or e-commerce exclusively; they’re melding the two to best serve their rapidly evolving customer base.”

– Sarah Funderburk, SPR Atlanta