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1.Market Observations, 8.Was Sticky

9 Feb 2017 (AFR) – Online piranhas bit into retail elephant – Small online retailers ‘in aggregate are quite a force’

(9 February 2017, AFR, p18, by Simon Evans)

‘The piranhas are bringing down the elephants. Hundreds of small online retailers now have a critical mass in aggregate that is undermining the economics of well-known brand names that have been operating for decades. They’re partially responsible for the string of collapses over the past few months that has claimed Herringbone, Rhodes & Beckett, Marcs, David Lawrence, Pumpkin Patch, Payless Shoes and Howards Storage World.

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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