Tuesday, April 18, 2017

Where All That Retail Spending Went

Image result for online impact on brick and mortarRetail is in trouble. Sales declined for the second month in a row in the U.S. in March, and there's talk that perhaps traditional retail has passed a tipping point, with lots of store closings, layoffs and bankruptcies to come.

One obvious reason for retailers' difficulties is the rise of Amazon.com Inc. and other establishments that the Census Bureau classifies as "nonstore retailers.". . . more

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