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

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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