Online shopping is here to stay and the rise of new, disruptive technologies will smooth out every step of the retail supply chain. Production, distribution and logistics are more efficient, marketing is more targeted, payment is safer, delivery is faster, product quality improves and big markets like China and India offer the hope of exponential growth.
For traditional retailers, this creates a dilemma the opportunities are huge, but nimble, smart start-ups have often got there first and carved out a huge chunk of the market.
One way to deal with the dilemma is to seal deals with start-ups themselves ... with a deal announced yesterday by US...
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