I’ve spent some years now listening to everybody bemoan Amazon’s impact on retail. Sometimes, it almost sounds like they believe that if there was no Amazon, everything at retail would be fine. As I’ve written, that’s not the case. Here’s an excellent article from somebody who agrees with me. It repeats some of what I’ve said in the past, but also puts some better numbers on the source of our retail travails. Hopefully, I don’t think it’s excellent just because he agrees with me.
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