Prior to Nov. 8, analysts were issuing dire warnings about what could befall markets across the globe should Donald Trump pull off a surprise upset in the U.S. presidential election.
” … why does any of this matter? Because advertising is a multibillion dollar industry, and whenever an industry is worth that much, you have to ask: is that because there are billions of dollars of worthwhile transactions happening, or because every bloodsucker in a ten-industry radius wanted in on the action? … “
As e-commerce becomes a nearly ubiquitous part of the retail industry, legacy department stores are trying to adapt, but compared to competitors like Target and Kohl’s, Sears has not been able to adjust to the shifting tides in retail.