Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter
Ecommerce and the globalization of retail have already crushed old distribution channels, middlemen, local retailers, and large retailers. Even the biggest of the biggies, such as Walmart, are now scrambling to get on top of it, or they too will be counted among those, like Sears, that didn’t — and were obviated by events. (13 minutes)
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