"The majority of retailers are stuck in survival mode. Playing catch-up in perpetuity is preventing retailers from seizing new opportunities and leapfrogging the competition. It’s time for retailers to get rational: Scale with stability. Focus with foresight. Invest with intention."

-Natalie Kotlyar, a partner and retail & consumer products practice leader at BDO, commenting in the firm’s recent “Retail Rationalized” survey.