Amazon’s awe-inspiring advance has afflicted the retail mural in the U.S. about above recognition.
Press Release – updated: Sep 18, 2018
HOUSTON, September 18, 2018 (Newswire.com) – As consumers abide to army to Amazon, the face of retail in the U.S. is in a connected accompaniment of flux. Clumsy to compete, businesses of all shapes and sizes are declining beneath immense burden from the online retail giant. Even big brands are clumsy to accumulate up, with Macy’s, Sears, and JCPenney anniversary closing about 15 percent of their U.S. food aftermost year alone. Paul Sternberg, a absolute acreage agent with over 15 years of experience, shares his acquaintance on the matter.
Contrary to accepted belief, however, it’s not all bad account for retailers according to the Houston-based investor, entrepreneur, and agent Paul Sternberg, of Houston, Texas. While Amazon was amenable for 44 percent of all U.S. online purchases aftermost year, the aggregation accounted for aloof 4 percent of absolute all-embracing retail sales, as appear by One Click Retail, the business intelligence casework provider.
“Amazon poses the better blackmail to added online retailers, followed carefully by big retail corporations and abatement administration stores,” says Paul Sternberg. At abundant beneath risk, according to the Houston-based entrepreneur, are what he calls ‘Amazon-proof’ businesses. These are operations on which online retail, and appropriately Amazon, is absurd to accept an impact. Businesses such as attach and beard salons, and dry cleaners are, says Sternberg, the acumen why appeal for the bartering absolute acreage will consistently abide in Houston and elsewhere.
The Houston built-in additionally credibility against always evolving customer mindsets. “While Amazon continues to abound acknowledgment to its affluence of acclimation and low prices, abounding consumers in cities such as Houston and absolutely beyond the U.S. are accompanying attractive for added different affairs experiences,” he suggests. “This is addition acumen why alleged ‘big box’ food are additionally
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