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This Blunt Chart Explains Retailing's Innovation Gap

Read the full article here.

The chart speaks for itself - tough time for retailers. Patents, innovation, efficiency and transformation core to their business model, Amazon is crushing brands. 

We feel one thing missing however - culture.  If you are going compete with Amazon on price and logistics alone, you will lose.  But, developing a strong culture with core values, great product and a powerful social mission - now you have something special.