BY JEAN REGAN, PRESIDENT & CEO
Kith x Adidas Copa Ace 16+ Purecontrol Ultra Boost US 7.5 Multi Golden GoalAdidas Size 8.5 ULTRA BOOST 3.0 Triple White Men's Sneaker "BA8841"Adidas Iniki Runner Mens BB2092 Collegiate Navy Gum Boost Running Shoes Size 7,Scarpe Adidas Uomo Superstar, Sneakers Nero-BiancoADIDAS NMD R1 CORE BLACK/LUSH RED B37618,Adidas Men's Terrex Agravic XT AC7660 Core Black Grey Hi-Res Red Size 11.5,SUPERSTAR - BZ0200 - SIZE 8,NEW Adidas Originals MEN'S Running Ultra Boost Clima Triple White BY8888,Adidas Equipment Support ADV BB1295 schwarz EQT SneakerAdidas Ultra Boost 3.0 Triple Core Balck Sz 8.5 BA8923 Kanye Yeezy NND PK,ADIDAS YEEZY 500 BLUSH ||US 7 ONLY WORN ONCE - LIKE BRAND NEW.,ADIDAS EQUIPMENT RUNNING SUPPORT 2016 - ITEM NUMBER 597-18 STYLE-s79130adidas D Rose 8 men basketball shoes NEW black red white CQ0827,Adidas Ultra Boost 3.0 CNY Chinese New Year BB3521 nmd yeezy zebra sz 8 10.5,ADIDAS ZAPATILLAS NMD R1 CAMUFLAJE NEGRO-GRIS D96616,Adidas Men's F/22 PK White/Black CQ3025,adidas yeezy boost 350 v2 White Size 9 New With TagsBrand New Men's Size 8.5 Adidas Runners Ultra Boost 1.0 Wool Grey - S77510,ADIDAS WH NMD C2 CHUKKA CG3781 WINGS + HORNS BROWN WHITE DS SIZE: 10,ADIDAS MEN'S ULTRABOOST 3.0 CG3039 TRACE KHAKI CLEAR BROWN SIZE 9 100% AUTHENTICadidas NMD R1 JD Sports Beige BB6787 Nomad Boost 100% AUTHENTIC Yezzy DS US SIZE,Adidas Ultra Boost 1.0 Wool Grey 2015 (S77510) Size 9.5 Running Shoes,adidas Equipment Support ADV Mens in Black/Power Blue, 12,adidas Originals EQT Support Mid ADV PK Prineknit Mens Shoes Lifestyle Pick 1DS NIB Adidas Y-3S SPORT EVASION HIGH BLACK AQ1607 Sz 9 Yoji Yamamoto BOOTSADIDAS EQT SUPPORT 93/17 2017 - ITEM NUMBER 787-16,adidas Originals Men's NMD_R2 PK Sneaker, White/Black, 10 M US,Adidas PureBOOST LTD Grey Solid Grey Running Shoes Mens Size 11.5 NIB S80703,Adidas Hochelaga Blue Suede Size 8 80s Retro Football Casuals BNIB DEADSTOCK,New Men's Adidas AW Run "Alexander Wang" - CM7826 - Size 9 - Grey/Black,
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 Jap Athens Size /6 Vintage Trainers Malmo London Stockholm,AC7436 HARDEN B/E 2 SCARPA BASKET UOMO ADIDAS (BAU04N1200),Adidas Originals Fou Byw Sz 11.5 Coeur Noir Nuage Blanc Rouge B37480Adidas Japan Dublin London Stockholm Koln Berlin Montreal,Adidas Originals Trimm Star x Size? Exclusive Blue US 9.5Adidas Superstar White Glitter Studs Fluorescent Pink [Product Customized] Scarp,Adidas Ultra Spinta Uncaged, Uomo Nuovo, BB3900,ADIDAS X ENRICO Poole NMD R2 cq2015 EDIZIONE LIMITATA NUOVO in scatola 7 8 9 10AQ0319 MEN'S ADIDAS ORIGINALS CRAZY 1 ADV BLACK/BLACK SZ 7.5-13 NIB KOBE BRYANT,Adidas Ultra Boost Uncaged BB3900 Size 10.5 Gray Black RunningAdidas Iniki Boost I-5923 Manchester Showers size? Exclusive UK10 US10.5 Ultra,Adidas Originals Trainers NMD_R1 B42199 Dark Grey,New Men's ADIDAS ULTRA BOOST ATR MID - S82036 Black White Ultraboost Sneakers,Adidas NMD C1 S79149 Vintage White Grey Primeknit Men's Size 14 IN HAND DSWT,17191 adidas originals for a bathing ape samba US11.5,Adidas Consortium Pure Boost Sneaker Boy S80981 Men’s (Size US: 10),adidas Originals CG4116 Mens Swift Running Shoe- Choose SZ/Color.,Adidas - SPRINGBLADE DRIVE 2 M - SCARPA RUNNING - art. D69716,ADIDAS BASKETS POD-S3.1 GRIS-JAUNE FLUO B37363,adidas I-5923 grey / white / brown US 7.5 (eur 40 2/3), Männer, Grau, D97345,Adidas Ultraboost Clima Sz 9 Nuage Blanc Solaire Jaune AQ0481Adidas Ultra Boost ST Running Shoe - Men's Legend Ink F17/Clear Mint F18 10.0ultra boost 4.0 NWT Men 7/Women8.5adidas x pharrell williams nmd hu Holi Coral UK8.5,Adidas Originals Men's Tubular Nova PrimeKnit Shoes Size 7 to 13 us BB8410,Adidas Originals Eqt Unterstützend 93/17 Schwarz Sneakers Bz0585 Neu Authentisch,Adidas Originals Sneaker NMD_R1 D96635 WeißAdidas Crazy Explosive PK Low White Red Burgundy Primeknit CQ0542 Boost Size,ADIDAS EQT SUPPORT ULTRA CNY BA7777 ROOSTER WHITE CHALK DS SIZE: 13,adidas Harden Vol. 1 white / navy Männer, Weiß, BY4525
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