Disruptions brought upon by digital technologies have hit brick and mortar retailers' sales hard in recent years. Retailers shut down more than 7,000 stores across the United States in 2017. Everyone is affected, even the biggest names like Barnes and Noble, JC Penney, Macy's, Nordstrom, Office Depot, Sears, The Gap and Starbucks.
Toys R Us, Payless Shoes, Gymboree, Sports Authority and more than 600 retailers filed for bankruptcy.
Online shopping and fast fashion have made inroads nearly everywhere in the sector.
Check out how U.S second largest department store retailer, Target, is embracing digital transformation to turnaround its business. #retailtransformation #digitaltransformation https://lnkd.in/fTvw48w
