Who Can Compete Against Amazon?Mark Melin
As the price of Amazon stock climbs close to $1,000 per share, with a $464 billion market capitalization – more than twice that of Wal-Mart – a retail apocalypse is starting to become evident. Retail sales and mall traffic is declining and mainstream retailers such Macy’s badly miss their earnings estimates ( while JC Penney and Sears are seen as almost done by many). In a world where Wall Street affords Amazon a price . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email email@example.com or click Chat.