Retail sector creating big winners and big losers

With news yesterday of Dressbarn’s closing we have yet another example of how much the retail sector is changing. But not all retailers are struggling; those that are adapting to new shopping practices are thriving. One example is Target as illustrated in this article from the Star Tribune.

And these types of stories invite the question for our smaller, locally-owned retailers — is a hybrid business model that combines brick and mortar with 24-hour online shopping platform a solution?