Monday, November 23, 2020

Best of times for Amazon and Walmart; worst of times for independent retail

As Toronto re-enters lockdown on account of the "second wave," there's umbrage in the air over the fact that Walmart and some other big chains will remain open, while independent retailers are forced to close.

Independent retail has been up against it for a long time, long before the pandemic. In a nutshell, the reason is this; people would rather save a few cents shopping at Amazon or Walmart, than to pay a little more and keep their local independents in business. 

The pandemic is the final nail in the coffin for a wide swath of independent businesses. We'll be happy enough to blame the virus for their demise, when the truth is that everyone who's ever shopped Walmart, Costco, or Amazon deserves a share of the blame. 

When we are conditioned to measure our lives by how much crap we consume, a retail model that optimizes crap-per-dollar will inevitably prevail.


Shame on all of us.



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