Online Sales

The Restructuring of the Retail Industry

December 9, 2020

 

David Gross provides the first article in a series that illustrates the changes taking place in the US retail sector and what this means for consumers. 

In this new series, “Irreversible Change in US Retail,” we explore the sweeping restructuring taking place in the retail industry. Most importantly, we explore the implications for consumers—a topic overshadowed by all of the talk about retailers, their suppliers, and their landlords.

While this restructuring started prior to COVID’s arrival, COVID accelerated the pace and scale of change to previously unimaginable levels.

Ultimately, consumers will encounter fewer choices on where to shop and higher prices. Worse yet? The pain for consumers is probably closer than you may think.

 

Key areas covered in this article include:

  • Record levels of retail bankruptcies
  • Amazon vs. Walmart
  • The implications of a consolidated market

 

Access the full article, Irreversible Change in US Retail (First in a Series), on consultsvp.com.

 

Selling Online? Try Tundra 

September 27, 2020

 

Cheryl Lim Tam provides a post that explains the benefits of Tundra and highlights a few companies that are using the platform to sell their products. 

Ever wonder what happened to that innovative company you once saw on ABC’s hit show Shark Tank? There’s a good chance it landed a deal, invested in more inventory to meet rising demand, and then went on to set up its wholesale storefront on Tundra.

Tundra is rapidly becoming the number one wholesale destination for the best brands, and that includes successful Shark Tank alums. After all, these savvy entrepreneurs know a good business opportunity when they see it. According to Regan Kelaher and Shannon Zappala, founders of Goverre (Shark Tank season 8), ‘Tundra is fantastic because it helps us reach retailers that we couldn’t reach through other traditional sales channels. There are no fees, and they make the whole process seamless, from processing orders to receiving payments.’

Retailers browsing on Tundra can bring a whole range of ‘As Seen on Shark Tank’ products to their store — from kid-friendly tableware to innovative gadgets that make everyone’s life easier. Here are seven successful Shark Tank brands you can find on Tundra today.

 

Read the full post, 7 brands that went from the Shark Tank to Tundra, on Medium.