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Mike HsiehContributorMike Hsieh is the president of Fung Capital USA.In 2016, Walmart plans to close 269 stores. Macy s plans 36 closures, and Kohl s 18. Is this the beginning of the end for brick-and-mortar retailers There has been much speculation about what retailers should do in an omni-channel world. How do they compete in a world where Amazon is undercutting them in prices and offering free delivery How should they respond when brands are increasingly ignoring channel conflict and launching their own e-commerce stores Rather than trying to predict the future with a crystal ball, retailers can learn from other industries that preceded them with disruptive technology and innovators. What steps did the incumbents take to fight off the digital onslaught, and what worked to keep them not only competitive but gave them an advantage There are numerous lessons that can help formulate a long-term growth strategy for retail stores.After the demis
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