Monday, April 20, 2020

How the coronavirus and retail closures are accelerating the rise of Amazon

CNBC
The coronavirus outbreak has accelerated the collapse of already struggling brick-and-mortar retailers.

Amazon is positioned to be one of the biggest beneficiaries of the broader collapse in retail, as it attracts new customers who are stuck at home and are now turning to the platform for essential goods.
The pandemic has also highlighted some of the risks of Amazon’s dominance in retail.. . . more