Why some retail has been resilient against Amazon

Quick Summary:

Some merchandise is more conducive to buying from a physical store because the buying decision is based on a host of variables beyond price, according to research from Jonathan Zhang, professor at Colorado State University’s College of Business.

Bicycles, photo equipment, record stores, resale — even, of all things, Amazon’s first category of books — are among those that have been quite resilient in the last couple of decades.

Physical stores are going to get those customers that enjoy the physical experience, and online retailers are catering to those who do not want to go to the stores,” he said.“That’s how the world will be like going forward.

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Article Details

Author / Journalist: Daphne Howland

Category: EconomyBusiness

Markets: United States

Topics: Customers Amazon Books Been Buying Retailers Want Stores Bookstores Business Retail

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-28 @ 09:34:00 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 1262 words

Reading Time: 8 minutes read

Sentences: 43 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 23292376

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