The cottonwoods are tall and scraggly, leaning over each other as shaking hands in friendship. This is their world, a place where they can stand undisturbed by little more than a few hikers and the buzz of motorboats. Their size alone gives them an authority that allows them to speak silently, telling stories about their world that reach back over the centuries. This is Pike Island, an small speck in the Mississippi that has been allowed to go back to the way it was two centuries ago when Europeans first arrived.
In April, Swiss brokerage firm Credit Suisse released a report that sent shock waves through the retail universe. It predicted that more than 8600 brick and mortar stores could shutter before the end of 2017. That would make it the worst year on record for store closures. It’s the stuff of nightmares for retailers.
Whether or not you believe the Credit Suisse analysts are right, you can avoid being one of those stores — all it really takes is providing the experiences that today’s consumers demand. Movie theaters in the 1980s faced a similar environment when home video hit big. The industry feared that once people could rent and watch videos at home, nobody would pay to go to a theater and they would all go out of business.
In April, Swiss brokerage firm Credit Suisse released a report that sent shock waves through the retail universe. It predicted…