The Retail Landscape has undergone seismic shifts due to e-commerce giants like Amazon.
E-commerce has reshaped consumer behavior, challenging traditional retail models.
Amazon's growth from an online bookstore to a global powerhouse has set new standards.
Mass store closings are increasing as e-commerce gains momentum.
The challenge of adaptation involves embracing technology and omnichannel approaches.
Consumer behavior is shifting towards experiential consumption, impacting retail.
The future involves harmonizing online and offline experiences, innovation, and differentiation.
Amazon's aggressive pricing, expansive offerings, and convenience contribute to mass store closings.
Integrating technology and enhancing in-store experiences are vital for traditional retailers' survival.