Darwin’s theories at work as retail companies operate in ‘survival of the fittest’ environment

As biologists prepare to celebrate the 200th birthday of Charles Darwin next month, doubters of his theories may want to head on down to their local shopping mall.

“It’s retail Darwinism,” says Dave Brennan, a marketing professor and co-director of the University of St. Thomas’ Institute for Retailing Excellence.

Major layoff and job cut announcements this week from Target and Best Buy only underscore the evidence that retailers are operating in a “survival of the fittest” environment. (Continue reading…)