Today there is no doubt that the retail sector is going through a period of change and disruption. As a result, the stories we read in the media are often very dramatic. We’ve all heard about the store closures from major retailers such as JCPenney, Radioshack, Sears and Macy’s. Spooky photos of abandoned shopping malls have become media staples.
But there is also good news. At the Annual Global Retailing Conference, Goldman Sachs reported that 76% of retail companies it surveyed had earnings that beat out their second quarter estimates. And while some traditional brick-and-mortar stores are facing challenges, e-commerce powerhouses like Amazon are