Internally I've been saying since early summer after a decade of hearing about nothing but eCommerce conquering traditional retail the new mobile-centric world is enabling retailers to strike back.
This article seems to take that idea to heart:
http://www.nytimes.com/2014/12/18/technology/personaltech/amazon-not-as-unstoppable-as-it-may-appear.html?ref=business&_r=0
Here is a snippet from the piece:
“I’m seeing the first big cracks in Amazon at this point, and it will be interesting to see how they handle it,” said Venky Harinarayan, a tech investor and entrepreneur who worked closely with Mr. Bezos in the early 2000s, after selling a company he helped start, Junglee.com, to Amazon.
...
“Wall Street has given them a lot of leeway in prioritizing growth over profitability, and they’ve taken full advantage of that,” he said. “But it’s going to get harder and harder to get that license, and when that happens, we’ll see how their business starts to look, and how they respond to challenges.”
What will 2015 bring?
Happy Reading,
J.W. Gant
...
“Wall Street has given them a lot of leeway in prioritizing growth over profitability, and they’ve taken full advantage of that,” he said. “But it’s going to get harder and harder to get that license, and when that happens, we’ll see how their business starts to look, and how they respond to challenges.”
What will 2015 bring?
Happy Reading,
J.W. Gant
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