BY JEAN REGAN, PRESIDENT & CEO
Men's Adidas Blue White Hi Top Team Signature Basketball Shoes Sz 11.5 athletic,Adidas - STREET JAM 3 - SCARPE DA BASKET - art. BB7125,NEW Adidas VS Advantage US: 10 F99256 White/Black Mens Trainers Shoes Footwear,Adidas Skate Adi Ease Lab Green Running White Black Mens Shoes G56346 Size 8-9,NEW-MEN'S ADIDAS JAKE BOOTS 2.0, (BLAUVELT), SIMPLE BROWN, BB8924 SIZE 9, $125,adidas originals x pharrell williams Hu Childrens/ Infant Shoes Trainers 5 IADIDAS - CIABATTE - DURAMO SLIDE - G15892 - BLUE NAVYAdidas GAZELLE trainers, Pink Orchid suede, UK6/EU39, Ladies - Excellent,Adidas Campus Vulc2 Adv Men Trainers,size eur 42'2/3,bnwtAdidas Originals Flip Flop 280648 White Black,Mens ADIDAS Sneakers ADIZERO TEMPO 9 M Running Shoes Grey NEW,NIB Adidas Allround Jumpstar Track & Field Cleats Athletic Shoes Size 12 Men'sAdidas Adizero LJ2 Long Jump Track Field Cleats Spikes Sz 14 Men's BlackAdidas SEELEY Black on Black Skate Rasta Hemp Men's Shoes Sz 11 Rad,EC WB Adidas Flying Impact Men's Wrestling/Boxing Shoes Black/Silver/White 9 9.5,ADIDAS ZX FLUX TORSION SNEAKER - COOL - KRASS USED - US 11,5 - SAMMLER LIEBHABER,Mens ADIDAS LA TRAINER WEAVE Black Textile Trainers B33993,adidas MATCHCOURT MID - Navy - MensADIDAS ORIGINALS LOS ANGELES TRAINERS MENS SIZE UK9 GENUINE GOOD CONDITION,adidas Originals Court Vantage, Men's Trainer(& 12/&47.5)White BNIB,Adidas Goodyear Trainers Beige Brown (83E),Adidas - ZX FLUX 2.0 - SCARPA RUNNING/ CASUAL - art. B34900,Adidas Originals Gazelle RST G56007 Canvas Black Men Shoes,Adidas men’s Gore Tex trainers, size,Adidas Crazy Explosive Primeknit Low 2017 B75921 man shoes sz 18 Brand Newadidas 350 Trainers in White & Black leather - retro classic 3 stripes SALE,adidas D-Rose 7 PK Boost - Size 12 (Used),Reebok Mens Furylite Graphic Mesh Trainers Canopy V67790 UK8 PUMP INSTA ZX ADV G,adidas X 16.3 TF Men's Turf Soccer Football Shoes Silver/Solar Red Sz: 7.5,Adidas Adilette CF+C BA9275 Black / White US Size 13 - FREE SHIPPING - BRAND NEW,
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 - ZX FLUX Mens Trainers White (AF6311),Adidas alphabounce em m • Sneaker • Grau/Schw. • Größe 45,5 • • fast neu,Adidas Tubular Radial Core Black EQT Pink S75393 Runner Originals X Magenta,Blue White Adidas Sliders Flip Flops,75% ] Adidas Originals Tubular Runner ( B23658 ),Adidas Neo Cloudfoam Advantage Stripe AW4294 Men's Running Shoes Sz: 9,Mens ADIDAS HARD COURT REVELATOR Grey Trainers M19994,NEW Amputee Single Shoe Adidas Climacool Men's LEFT ONLY White Sz 11.5 BB0671,[ Zx FLUX-AF6404] Adidas Originali Flux Uomo Scarpe da Ginnastica Cblack Dk G,Adidas Jeans Super Ruby Red Suede Size 9.5 BNIB,NEW MEN'S ADIDAS GAZELLE UNIVERSITY RED SUEDE SNEAKERS US 8.5Men's gray / white ADIDAS Matchcourt shoes / sneakers , sz 11.5,Adidas Mens - Blue Running Shoes Size 7.5 (297928),Brand New Adidas Torsion size 3.5,Adidas Geofit Men's Red and White Basketball Shoes Size 20 #B38854 New w/o Box,Adidas Energy Boost Icon Metal Baseball Cleats Black White Blue SZ ( Q16728 ),ADIDAS ALTARUN CF K CQ0033 GRIGIO-30,Mens Adidas Originals Superstar II CB Shell Toes Classic Casual 3 Stripe ShoesMens ADIDAS Tubular X Red Hi-Top Red Trainers BB1488 RRP =RARE=,Older Boys / Mens Adidas Neo Lite Racer Trainers Dark Grey Yellow Stripe Size 5,Adidas - Camouflage Trainers - Sizeadidas Golflite Mens Golf Shoes US 9.5 /3 REF 2685*adidas Copa 17.3 Mens Astro Turf Trainers REF 216*adidas SUPERSTAR - Blue - Mens,Adidas Superstar schwarz weiß 46 Leder US 12 1/2,Adidas ZX FLUX ADV Mens Trainers US 8.5 - BNIB - Free Delivery,Adidas D Rose 5 Boost C75593 Size US 12 - Derrick Rose,new mens 11.5/12 adidas adizero prime finesse sprint track spikes/cleats bb4097Adidas Originals Stan Smith Crib Footwear Shoe - White/pink All Sizes,Adidas Skate Men ZX Vulc black ftwwht blubird C77724,
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