Retail Chains Shed Stores, but It Isn’t Good for Business Chains often fail to recapture customers online or at remaining locations, industry observers say; ‘the 20-minute rule’

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Retail Chains Shed Stores, but It Isn’t Good for Business Chains often fail to recapture customers online or at remaining locations, industry observers say; ‘the 20-minute rule’ (archive.is)

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[–] [deleted] • 2 pts

These store CEO's are under the outdated belief that they have to compete alone. The retail chains would be better able to compete with Amazon by combining their online presence into a new competitor for Amazon. As long as they use top quality IT people, they can do it right and actually grow, as long as they don't believe people will pay a higher price. Be competitive and grow.

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