The world of shopping has been completely upended. With major store closures, bankruptcies and market-moving mergers happening at a record pace, the retail industry is ripe for innovation and poised for change. From food, apparel, home goods and more, there is a land grab for dollars, foot traffic and eyeballs. What do companies need to do in order to succeed in this radical new environment? And where are customers going for what they want?
Michelle Madhok loves to shop and find one-of-a-kind pieces. Keeping them however, is a different story for the shopping-obsessed CEO.
When it comes to retail employment, job gains are going to those selling things online or supporting e-commerce, not traditional brick-and-mortar sellers.
More than 20,000 were lost in December, dragging down the jobs report.