Retail is under terrible pressure, and one reason among many is in your pocket[0]: "Consumer income has not changed much since 2006, thus over the last 10 year

Retail is under terrible pressure, and one reason among many is in your pocket[0]: "Consumer income has not changed much since 2006, thus over the last 10 years $190 billion in consumer spending was diverted toward mobile phones. [...] Between phones and their services, this is $340 billion that will not be spent on T-shirts and shoes." [0] http://contrarianedge.com/2017/07/26/not-just-amazons-fault-changing-consumer-habits-killing-old-retail-biz/ http://contrarianedge.com/2017/07/26/not-just-amazons-fault-...