American Retail Continues Online Migration (Tom Ashbrook, On Point)

It’s a confusing, challenging time for the retail sector. Macy’s is closing 100 stores. Wal-Mart is struggling to grow its online sales. Many traditional malls are dying. Yet TJ Maxx and Marshalls are thriving. So are Home Depot and Lowe’s. And Amazon continues to dominate the online shopping world. What’s a store to do in an era when lots of people shun malls and prefer to shop with an iPad while lounging on the couch? This hour On Point, the changing ways Americans shop, the continuing battle between brick-and-mortar versus online, and how the retail sector is trying to innovate to keep up. — Sacha Pfeiffer
Interview:
http://www.wbur.org/onpoint/2016/08/15/online-retail-macys-walmart-jet