Amazon’s size and dominance is finally proving to be too
much for traditional retailers (especially department stores) –
“Department stores
are in a funk and executives at some of the country’s biggest chains are
struggling to explain why consumers aren’t spending more time and money in
their stores.
But analysts have a
familiar culprit: Amazon.com Inc.”
Related:
http://www.nytimes.com/2016/05/14/business/bargain-hunting-frenzy-threatens-traditional-department-stores.html