Introduction
Introduction
Store closings and bankruptcies continue at a blistering pace as many debt-laden retailers struggle to adapt to a rapidly expanding world of online commerce. Yet, the upheaval masks the retailing industry's surprising strengths. U.S. retail sales totaled a record $5.7 trillion in 2017, and this year's business looks to be similarly robust. The explosive popularity of internet shopping is forcing traditional retailers to find new ways to lure tech-savvy customers. ...