Author: Clare Duffy, CNN Business

Nordstrom keeps focus on storefronts

The growth of e-commerce has gutted many traditional retailers and led to the shuttering of brick-and-mortar stores. In response, many retail companies have shifted their focus away from physical stores and tried to rapidly grow their digital presence.

How every company could become a 'tech' company

These days nearly every company is, or is in the process of becoming, a technology company. Major retailers have mobile apps and robust e-commerce platforms. Banks are getting into cryptocurrency. Grocery stores no longer expect customers to come inside to shop — they can place an order online and pick it up outside the store, or have it delivered right to their homes.