Orlando Sentinel’s Central Florida 100: RETAIL EVOLUTION

, , Leave a comment

It is not surprising that JCPenney, among other traditional retailers, is shuttering some 154 stores, including its store at Orlando Fashion Square. Nor is it terribly surprising that Amazon has captured 49% of all e-commerce sales, 6% of all retail sales, and 35% of all commerce. Take a look at our own buying habits and you’ll understand why. What is noteworthy, however, is that, in opening its Amazon 4-Star store at the Mall at Millenia, along with other locations in South Florida, Amazon has showcased the new business model where traditional retailing is being replaced with a central online hub supported by retail spokes featuring the most popular products.

Originally posted for the Orlando Sentinel’s Central Florida 100.

Image source: www.wogx.com

 

Leave a Reply