Insight

Amazon Helped Crush Department Stores. Now it Reportedly Wants to Be One

< BACK TO INSIGHTS

Insight

Amazon Helped Crush Department Stores. Now it Reportedly Wants to Be One

Amazon has plans to open new storefronts despite successfully upending the traditional brick-and-mortar model. Managing Partner Matt Katz was quoted in CNN Business about the impact of Amazon’s investment in physical locations on its distribution and delivery strategy.

Matt looks at how Amazon’s investment in brick-and-mortar will do more than provide additional touchpoints for consumers, “These locations will function as last-mile distribution hubs in highly populated urban areas, where distribution centers are not located. This is an advantage for same day, even same-hour delivery.”

Read the full article here.

Authors

Related Services

Recommended Insights

Insight

From Pilot to Scale: Building the GenAI-Ready Organization

While GenAI today is in the public eye, early forms of AI have influenced the workplace for decades. AI appeared in the 1950s, with more practical applications emerging thirty years later. With advances in machine learning and natural language processing, AI’s role expanded. Most remember when GenAI took center stage in late 2022, with ChatGPT capturing the world’s attention. According to OpenAI, more than one million people signed up in just five days.

Learn More

Insight

Reaction to Big Bank Earnings: ‘Very Attractive’, ‘Very Good’ Outlook

Pierre Buhler was recently interviewed by Schwab Network about his reaction to big bank earnings and outlook for the remaining year.

Learn More

Insight

5 Fashion Industry Trends to Watch in 2025

Matt Katz outlines key strategies for retail success in 2025 in this Fashion Dive article. 

Learn More

Stay up-to-date with our latest news

Name(Required)