How Retail Reinvention is Rejuvenating Brick-and-Mortar Retailers
Afshin Alikhani, Retail Realm's Chairman, writes about how brick-and-mortar shops are reinventing themselves in the fast-changing retail landscape.
I just experienced an Aha! moment as I am in London walking from one retail store to another on Piccadilly Street and Regent Street.
Minutes earlier I had come out of a meeting with a business partner in which we had been discussing how the retail landscape is changing, and how major retail brands were struggling / closing unable to adapt to this modern fast-moving retail economy and compete with social media and eCommerce-based retailers that did not have the operating costs of brick-and-mortar stores.....