Smaller margins are here for many businesses in many industriesβnot just tableware. Recently, a sales rep balked when I suggested its stores take a haircut on margins. Yet, I believe big money tech players are forcing these cuts and upending traditional profitsβleaving stores with little other option. From media (see todayβs AT&T article) to advertising (Facebook, goggle) to transportation (Uber, Lyft, Tesla) to gift registries (Amazon, MyRegistry, Zola), big money-backed tech companies are the...
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