Why FedEx's CEO Feels Good About Brick-and-Mortar Retail
Among the companies benefiting the most from the e-commerce revolution is FedEx (NYSE: FDX), which ships a vast quantity of our online purchases to us. But according to what CEO Fred Smith said recently, even though the percentage of our purchases we'll make online is sure to grow, a new equilibrium will evolve -- one that will leave "old retail" still in possession of a majority of our business.
In this Market Foolery podcast segment, host Mac Greer is joined by David Kretzmann and Aaron Bush of Supernova and Rule Breakers to discuss that forecast.
A full transcript follows the video.
Source: Fool.com
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