US Retail Business Is Too Bleak, Amazon Is Going To Kill Retail.
In the third quarter, online retail reached 7.4% of the total retail sales.
Amazon has already made a mess of traditional large entity Retailers: Messi stores develop new technologies to provide full channel experience, WAL-MART develops new services, and even plagiarize Amazon's membership service mode.
More and more people are starting to buy products from their phones and computers. Some people will not even go to retail stores once a year.
The flourishing of Amazon's business has hurt more traditional retail businesses.
The retail industry in the United States is facing
Structural change
At present, more than 25% of large retailers are on the verge of bankruptcy. Far from the 4~7% a few years ago, the number of stores closed this year is estimated to be as high as 16.2.
In addition, as a pillar of retail finance.
U.S.A
The number of commercial banks dropped to 5381, a record low.
The reality is that many small banks have been closed or merged.
Banks are becoming increasingly unprofitable, because long term low interest rates plus mobile phones have become your credit cards, and fewer people are needing deposits.
The number of small retail businesses is decreasing and borrowing demand is decreasing.
Small banks are unsustainable.
At present, this trend has not slowed down.
Maybe it's like Ma Yun's tradition.
Retail
And the Internet is like Shaolin boxing to machine guns, in front of machine guns, what fist is useless.
However, some businesses are too late to respond to the crisis.
American retail industry has begun to adjust its business mode, and major department stores have begun to shorten the order delivery period, so as to reduce the risk.
At the same time, we began to reduce inventories and reduce the types of goods in stores.
Let the brand of poor performance be sharp and abandon the investment of new entity shops.
The retail industry has higher fixed costs and higher liabilities. Once it is not enough to cope with the relevant store crisis.
The US Department Stores Association estimates that the total number of retail outlets in the US retail industry will total 17 yuan this year.
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