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Amazon's phenomenal and huge growth is not coming from no where. There will be significant casualties. https://ei.marketwatch.com/Multimedia/2017/01/19/Photos
by bhouston 9y ago
Amazon's phenomenal and huge growth is not coming from no where. There will be significant casualties.
https://ei.marketwatch.com/Multimedia/2017/01/19/Photos/ZH/MW-FD994_amzn_0_20170119092741_ZH.jpg?uuid=6f65ef44-de53-11e6-87e8-001cc448aede https://ei.marketwatch.com/Multimedia/2017/01/19/Photos/ZH/M...
> major retail chains are now very competitive in online
If that was the case Amazon wouldn't have this type of growth.
One just has to watch out for direct Chinese marketplace apps like Wish and AliExpress getting more North American market and cutting out Amazon's system. Basically Amazon can be disrupted itself, at least to a degree, when it is nearly filled with Chinese source goods.
North American B&M retailers are mostly screwed. This article on CNN isn't wrong.