stores

Retail Technology

The new industrial revolution hits retail: prepare for mass firings.

By / 21 Comments / 24 March 2017

Summary: The new industrial revolution will have its greatest effect on industries that have large imbalances. Like retail, after decades of overbuilding stores. Lots of jobs will be destroyed. Watch closely, other industries will be hit with similar shocks. Hayley Petersen at Business Insider points to the next wave of the industrial revolution: “The retail apocalypse …

The new industrial revolution hits retail: prepare for mass firings. Read More »

Look at the retail sector and see the power of the new industrial revolution

By / 9 Comments / 20 July 2016

Summary: Economists and financial experts are baffled by events because their minds know only the past and so do not see the new industrial revolution at work, slowly in its early days. Look at the retail sector. What explains unusually high corporate profits, rapid growth in sales — along with slow growth in jobs and …

Look at the retail sector and see the power of the new industrial revolution Read More »

Scroll to Top