It has been said that imitation is the sincerest form of flattery. Amazon is getting a lot of compliments lately with the largest technology companies as well as banks and merchants all changing their business models to look more like the company.
This time last year, with many retailers announcing store closings, it looked like Amazon was king of the world. The outlook for traditional retailers was bleak, leaving little chance for even household names like Sears and Toys R Us to survive.
What has since happened is extraordinary. Retailers of all sizes are coming back with a vengeance as viable contenders against Amazon in the battle for market share. Read about this new trend from CardLinx President and CEO, Silvio Tavares, on how different market players have taken the Amazon challenge head on, pivoting their business models to be even more formidable contender for consumer spending. Check it out in Multichannel Merchant.