We
published an article under this heading a week or two ago but one of our
traders had been thinking about the concept and wanted to elaborate.
He says
that this is a unique time. We are in the early stages of a retail revolution
and this is where opportunities are created. The successful retailers of the
future are being created right now and those that are prepared to work hard and
be innovative are likely to prosper.
When
Walmart and Sears Roebuck threw the old retailing rules out the window and created
a new way there was mayhem. Traditional retailers went broke and a whole new
phase started. We are at one of those stages in history right now and Amazon is
probably the leader in change. But change creates many opportunities and the
innovators come from many different backgrounds, even retail markets.
Thanks for
the inspiring philosophy ”Jim”.