The world of retail is changing, with growth in online shopping dominated by Amazon. But does it signal a death spiral to our traditional way of life?
Questions: After reading the article, please answer:
1. What is the inventory problem?
2. What is the supplier problem?
3. What is the supply chain problem?
Source: Hoium, T. (2017). Brick-and-mortar retailers in a death spiral against online stores. Newsweek, March 28 (Retrievable online at http://www.newsweek.com/brick-mortar-retailers-locked-death-spiral-573694)