BY JEAN REGAN, PRESIDENT & CEO
Cael V7 Size 9 Wrestling ShoeNew Mens Asics Gel Lyte III 3 Peach Beige Pink Running Trainers H756L BNSneakers Bassa Uomo Asics HN528..5842 Primavera/EstateASICS Gel-Lyte V Size 7.5 DS UNDFTD Disarray 5 Undefeated H62JK-9001 i ii iii 4,ASICS GEL-Kayano 24 Black - Mens - Size 6 DAsics wasen Onitsuka Tiger Medio Corredor TL ZAPATILLAS DEPORTIVAS 2 COLORES,Puma Womens Basket Platform Ocean WNs Trainers Silver Black, 6 UK,Puma Basket Heart Denim Womens 363371-02 Halogen Twilight Blue Shoes Size 9.5,Puma Smash Perforated Suede Black - Womens - Size 9.5 B,Asics Gel Innovate 6 Mens Runners (D) (9007) NEW + FREE AUS DELIVERY,Puma Vikky Platform Ribbon S Black-Black Sportstyle Casual Shoes 2018 366418 01,New Puma X Sophia Chang Womens Trinomic Disc Wedge 357295 02 Size Us 6.5,Puma Speed 600 Ignite Wn, Women’s Running 6,Asics FuzeX Rush Carbon/black/safety Yellow Running Shoes Size US 7.5 Euro 40,ASICS GEL MAI SZ 10 AMBERLIGHT ROSE TAUPE H812L 1726,Saucony Men's Freedom ISO Running Shoe, Black, 12.5 M USPuma Rebel Mid Burgandy Women Walking Shoes 8,Puma - Black 'Vikky Swan' Trainers Size RRP,Puma Women's Gym Fitness Running Trainers Shoes 4EU EVADER SL Black BNIB,Asics Tiger Shoes Aaron, Indigo Blue/Milk,ASICS Men's Weldon X Carbon/Onyx/Mid Grey 7.5 D USPuma Suede Cuore Lunalux Scarpe da Tennis da Donna Grigio F01,PUMA SUEDE CLASSIC 352634 03 n.37,5 NUOVE 100% ORIGINALI !!!Puma Suede Platform Casual Women's Shoes Size 7.5,Asics Gel Saga "Christmas Pack (Christmas Tree)" Men's Shoes H41VK-8026 a2,Puma Womens Vega Evo Low-Top Sneakers, Black Grey (Quarry-quarry 01) 5.5 UK,FW15 PUMA ARCHIVE LITE LOW MESH RT SPORT SHOES GYM SHOES 355885 02Asics Men's GT-II Leather Shoes Sneakers H43GK 9090 KITH GRAND OPENING Size 10,Asics Tiger Mens Size 11.5 GEL-MAI Peacoat Blue Athletic Running Sneakers ShoesPuma Womens IGNITE Dual NETFIT Running Shoes Trainers Sneakers Grey Pink Sports,
Another blow to retail stores this year was a widely read report by Credit Suisse which predicted that 25% of United States malls—about 275 shopping centers—would close by 2022. A recent article mentions the fact that the United States has a glut of retail space—23.5 square feet of retail space per person, compared with 16.4 square feet in Canada and 11.1 square feet in Australia, the next two countries with the most retail space per capita.
Let’s look at Black Friday of 2017. All those people standing in line for hours, the rush of the crowd to nab the best sales when the doors of the store finally opened, the inevitable conflicts between shoppers over a limited number of super sale items – well, folks, those days are gone. Now Black Friday consists of sitting on your sofa, in your pajamas or workout clothes, with a cup of coffee, and purchasing your holiday gifts via your cell phone.
Why all the closings?
With all this growth in online sales, it might surprise you to learn that in 2016, online sales only accounted for about 9% or $434 billion of the overall retail sales, about a third of which is derived from Amazon.
What is the Amazon effect?
In 2016 Amazon had about $136 billion in revenue, ranking it as the third largest retailer in the United States; the largest being Wal-Mart, with $486 billion in sales in 2016, and followed by CVS.
Since their IPO in 1997, which valued Amazon at $438 million, Amazon has grown to a $460 billion valuation and doesn’t show any signs of slowing down. With half of all U.S. households now Amazon Prime subscribers, Amazon is now trying to expand into the grocery market, pharmaceutical market and many other areas.
They also made news this holiday season by offering discounts on their merchandise from third parties to undercut other retailers.
What should retailers and manufacturers consider going forward?
All signs point to continued growth in the online market. I think all of us can agree that online purchasing will continue to grow and consumers will expect their purchases to arrive in quicker and quicker cycle times. In one article, Forrester predicts that online sales will account for 17% of the retail industry by 2022 (that’s up from 9% in 2016), and it’s hard to say where the growth will stop.
Retailers will be challenged to provide online offerings that match or exceeds Amazon’s selection, speed, and pricing if they don’t want to see their business shrink.
Since Amazon’s competitive strategy is heavily reliant on their logistics operations, retailers will want to examine their supply chain practices to make sure they’re as efficient as possible.
For some, the best option may be to sell through Amazon and/or Wal-Mart as a third party. Retailers may also want to consider diversifying or looking for appropriate mergers that would increase their selection.
NEW MENS ASICS GEL-DS TRAINER 22 RUNNING/TRAINING SHOES - 8.5 / AUTHENTIC,ASICS Mens - Yellow Running Shoes Size 13 (308781),Asics Tiger GEL-Lyte III NS [H7X4N-9090] Men Casual Shoes Black/Grey,Asics Volley Elite FF [B701N-400] Men Volleyball Shoes Peacoat/White,PUMA BASKET HEART PATENT 363073 11 n.39 NUOVE 100% ORIGINALI !!!,Puma Speed Cat White Leather 300535 01 Casual Women,Puma Suede Heart Celebrate Donna Black Scamosciato Scarpe - 4 UK,Brand New Puma Suede Creepers Women's Casual Fashion Sneakers [361005 01],ASICS MENS T73DN RUNNING TRAINERS BLACK/ORANGE SIZE,Tennis Duffel with Side Print ASICS CUP red blue white T240Z0,Asics Gel Venture 6 Mens Trail Running Shoes (D) (700),Puma Rock Climbing Shoes Pink Size,PUMA White And Dark Pink Sneakers Size 6.5 Synthetic Blend B3145,PUMA EXPEDITE WN SHOE SHOES RUNNING BLACK 187562 01,New Puma 365698 09 Black Suede Platform SD JR Juniors Trainers /2 37.502-231 ASICS T715n 9093 GEL Contend 4 Black / Silver Men's Running Shoes SIZE 10,ASICS GEL TORRANCE T7J3N 2590 WINE BLACK CARBON MEN SHOES SIZE 6 TO 9.5,Preowned ASICS GEL Kayano 22 Black Phantom us8Asics Gel-Sonoma 3 Black Orange Men Trail Running Shoes T724N-001PUMA 36331902 Womens Vikky Swan Fashion Sneaker- SZ 11,Puma Bow Slide Slip On Womens White Flip Flops 365774 02 P1,Puma Womens Ignite Flash Satin Trainers Runners Knit KnittedPuma Women’s Nrgy Dynamo WNS Fitness Shoes Puma Black-asphalt-soft Fluo Peach,2017 ASICS GEL LYTE V SZ 9 INDIAN INK H6C4L-5050,Men's Asics Gel Respector "4Th Of July Athletic Fashion Sneakers H6U3L 5050 Navy,Asics Gel-Odyssey Wr Exterior Zapatos de Cordones Mocasines de Hombre Q400L-8686Asics Tiger Gel Saga Carnival Pack Jamaica Rasta Reggae Black 12 13 47.5 RARE,NIB PUMA RIO RACE LX WOMEN ATHLETIC SHOES 352456 BLACK PURPLE DARK LILACPuma Basket Platform Ns Icelandic Donna Light Blue Scarpe da Ginnastica - 7 UKPuma Basket Heart Scallop Womens Orchid Leather & Rubber Trainers - 3 UK
TranzAct helps shippers like you reduce their transportation spend while providing the tools necessary to make better business decisions on an ongoing basis.
Our solutions provide shippers of all modes with freight audit and payment, reporting and TMS applications, rate negotiation and savings, contract development, consulting and analysis.
We're on Your Team & We're Here to Help
360 W. Butterfield Road
Elmhurst, IL 60126
+(630) 833 0890