We don't actually hold the inventory, but we do take on the inventory risk. That's something that big box retailers have been able to do for decades. Independent retailers can just be so much nimbler. They're buying much closer to need and they're buying smaller quantities.
Small, independent store owners have been perpetually hit by waves of disruption: from malls to big box stores to e-commerce giants. But Max Rhodes, co-founder and CEO of the $12 billion online wholesale marketplace Faire, argues that Main Street retailers are actually better positioned right now to navigate today’s stormy shopping landscape than the competition. Max digs into how Faire is using technology and data to help stores maximize their advantages — nimbleness, adaptability, and smaller inventories — and combine them with the scale benefits enjoyed by the likes of Amazon and Target.
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