Monday, August 28, 2017

Amazon's Retail Trade War Is Bad News For Neighborhood Stores

Whole Foods’s soon to begin price cuts is the beginning of a new retail trade war that will have two big causalities: neighborhood stores and minimum wage employees like store cashiers.

Neighborhood stores will have to close their doors at increasing numbers, as they will find it increasingly difficult to match Amazon’s price cuts at razor thin profit margins—see table.. . . more

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