Through a special arrangement, presented here for discussion is a summary of a current article from the TXT Group blog.

Clearly, it’s not the best of times for a traditional retailer. The stock market is at a new high, unemployment a new low – normally plenty to warm a retail heart. However, the upward trend is store closings and pity parties. Worse, if you didn’t move early and quickly to online, has that high-growth opportunity passed you by? Amazon.com wins about 50 percent of every incremental online dollar and just welcomed their 50 millionth apparel customer.

As in any other structural change, there will be winners and losers, as Darwin insures only the strongest (smartest) survive. Some will win by gaining market share from failed competitors, most need to adopt new business practices and operationalize significant changes in shopper interaction. The picture of…