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”.