Monday, September 26, 2016

Amazon Eats the Department Store

Image result for amazon apparelAmazon is already the biggest clothing seller online. It might soon overtake most of its brick-and-mortar rivals in fashion sales, as well.

Amazon increased the number of apparel and accessory products on its website by 87 percent last year from the year before, as its apparel sales hit $16.3 billion, according to trade publication Internet Retailer. That's more than the combined online sales of its five largest online clothing competitors -- Macy's, Nordstrom, Kohl's, Gap, and Victoria's Secret parent L Brands.. . . more

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