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From: Sun Tzu	3/18/2018 7:07:41 AM
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Here’s a look at what’s happening to the industry. • Join the conversation: #RetailBlues Sales declined for the third straight month in February, as U.S. consumers shied away from large purchases like cars and furniture. The industry suffered from a record-breaking 7,000 store closures in 2017. But retail isn’t collapsing. It’s breaking in two. Low-priced and premium retailers are humming along while the middle tier disintegrates, according to Deloitte. The trend mirrors the growing income divide in the U.S., explains Quartz. Amazon is spoiling shoppers. The online retail giant has made two-day shipping a norm for an estimated 90 million Americans. Now, consumers say the maximum acceptable wait time for a package is 4.1 days, down from 5.5 days six years ago. Entrepreneurs should think small, says Nassim Taleb. The scholar and author argues that as companies grow, entrepreneurs lose touch with the people they aim to serve. “The minute you're dealing with faceless people, you have different ethical rules prevailing, and effectively most people lose their humanity,” he told LinkedIn’s Dan Roth. • Share your thoughts: #EntrepreneursScale

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