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The Case for E-Commerce Acceleration (a.k.a., Bye-bye, BBY?)

June 28, 2012
Joseph Schumpeter said in his theory of "creative destruction" that the "process of industrial mutation... incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one. This process of Creative Destruction is the essential fact about capitalism." I believe we're approaching a sea change in retail where physical retail is displaced by e-commerce in a multitude of categories. The argument at a high level: Online retail is relentlessly taking share in many specialty retail categories


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