We are in the middle of another battle between brick and mortar and e-commerce. Best Buy is dying. But it is not alone. Welcome to the new world of retailing, the death of retail 2.0. So who will pick up the pieces?
The retail giant Target is under fire from all sides, for union-busting at home and labor violations overseas. The reports that have come out in the past several weeks highlight a continuum of cruelty in the global supply chain.
Just as the U.S. government has subsidized the largest global banks at the expense of smaller competitors and taxpayers, the rise of the mega-retailers owes partial thanks to the invisible hand of Uncle Sam. Those government policies should be reversed.