BY JEAN REGAN, PRESIDENT & CEO
Adidas Adicross Primeknit Golf Shoe- Men's Size 11, Grey,2005 ADIDAS SUPERSTAR 35th ANNIV 26 2 CITY VE BOSTON Celtics SZ 11.5 132319 SHOE,Adidas Adizero Triple Jump Track Spikes Shoes White Orange SIZE 13,9.5 BB4100,Adidas Edge RC M Men’s Running Shoes Black White US Size 9,8C13 Adidas Energy Boost Jogging Running Athletic Cross Training Men Shoe Sz10.5,ADIDAS NMD R2 PK MEN'S SHOES,NIB,DS,SZ. 10,RED,ADIDAS BB2910,NEW ADIDAS ORIGINALS MENS STAN SMITH SUEDE SHOCKER RED ATHLETIC SHOES S80032,adidas X Tango 17.3 Mens Astro Turf Trainers US 9.5 /3 REF 4163*,adidas Mens Q16483 Black Cleats Shoes Size 13 New,ADIDAS Mens Trainer Size 8 Red,Adidas Samoa OST Men's Shoes Size 9.5 Gray White Running Athletic C76031 RareMENS ADIDAS COURTVANTAGE ADICOLOR in colors RED / RED / RED SIZE 9.5,ADIDAS ORIGINALS TUBULAR INSTINCT HI TOP Trainers NEW WITH BOX!!!,ADIDAS ZX 710 TRAINERS,USA 9.5,M25792, zx 700 280 500 600 750,Adidas Mid Top Trainers Men's Size,Adidas white and silver, running shoes. Men's 14 (eur 48),Adidas Gazellen J Original B2501 Kinder - Blau/WeißMens Adidas Sports Trainer Style Ambition V11 Strip ~ N,Adidas - ACE 15.3 CT - SCARPA CALCETTO - art. B23765-C,ADIDAS NEO Easy Vulc VS Trainers Sneakers Pumps - Light Grey - UK Sz. 12.5 BNWT,Mens ADIDAS ZX FLUX ADV Dark Blue Textile Synthetic Trainers AQ6752ADDISON SHOE COMPANY MENS BLACK LEATHER MILITARY COMBAT BOOTS SZ 9.5 WAdidas Ultra Boost Night Cargo -,Adidas Originals Mens Swift Run Primeknit Trainers Black/Grey - Size 12,Adidas Men's Size 10 Response Boost Techfit Running Shoes M18623,Men's Adidas Running Trainers Size 7,Adidas ADI EASE CARDINAL Light Scarlet White Skateboarding (175) Men's Shoes,ADIDAS ORIGINALS MENS ZX FLUX ADV TRAINERS - RED/BLACK – SIZE 7.5 – BNIB,ADIDAS SUPERSTAR 80'S MEN'S SNEAKERS | G61069Adidas mens/womens Bounce trainers Size 6 UK USED condition,
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.
Adidas Adizero Crazy Light Basketball Fitness Sports Trainers Boots Hi-tops,adidas Originals AQ0017 Unisex-Kids PW Tennis HU C- Choose SZ/Color.,ADIDAS ORIGINALS GAZELLE MEN'S TRAINERS,Adidas Skateboard - Campus Vulc II - Zapatillas Skate, Zapatillas, Ante,Adidas Men's Adipure Crazy Ghost Shoes Size 9.5 Blue Basketball Athletic G99074Adidas Duramo Men's Sz. 11 Red/White/Blue USA UNION JACK COLORS Slides NWT,Mens Adidas Sonic Drive Boost Shoes BB2962 Running Yellow/Black 10-13 Sneakers,ADIDAS FALCON TRAINER - NEW - WHITE AND BLACK - MALE SIZE 7.5,adidas Daily Mono Mens Trainers US 12.5 /3 REF 1057=,Adidas ZX Flux ADV VERVE W S32055 L 23,Adidas Men's Speed Trainer 2 SLT Running Shoes Black B54347 Size 8,adidas Leonero Uomo Red White Scamosciato e Tela Scarpe da Ginnastica - 11 UK,Pre Owned Used Adidas Hybrid Casual Style Golf Shoes Mens Sz 10 - Fast Ship -,Adidas Campus Mens Shoes Size 10usADIDAS MONACO GP Goodyear Trainers US 7, Racing Kart Driving Red,Adidas Originals SL Loop Runner Shoes Reptile Red Gold Accents Size 11 Nice Shoe,Adidas Cloudfoam Racer Caqui Zapatillas Running para Hombre BC0020 Nuevo,Adidas Star Wars “Droids” R2D2-C3PO Top Ten Low Us 8,5 Eu 42,Brand New ADIDAS CAMPUS Suede Aqua blue White Trainers UK size 7,Adidas Cloud Foam Shoes Men’s 8.5 (worn once) White,ADIDAS ADIZERO 5-STAR ~ GOLD METALLIC Model G47046 ~ Size 14 ~NEW,Adidas D Lillard BHM Mens Basketball Trainers Shoes Sneakers Brown size 8,adidas adizero club - Navy - Mens,2016 NIB MEN ADIDAS ADI-EASE PREMIERE SKATEBOARD SHOES 8.5 $65 black white gum,Adidas Indoor Super - Blue/White - UK6,Adidas Atlanta Spezial SPZL US 11.5 Eur 46 BNIBAdidas Tubular Invader Tira Zapatillas para Hombre Atan Arriba ante BB5038 Opp,Adidas trainers mens, size 7, navy blue and authentic,Mens Size 12 White Adidas Samoa Shoes,Adidas Originals Unisex Torsion Allegra Red Zest Metallic Silver Running Trainer,
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