Retail Slump Shows Amazon Effect
Department stores are in a funk and executives at some of the country’s biggest chains are struggling to explain why. But analysts point to Amazon.com. ... Read News
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STATE Optical Co. Sets Out To Establish America As The New Epicenter For Luxury Eyewear
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Amazon is posing a huge threat to traditional retailers, especially Target. A new Morgan Stanley report reveals that Amazon currently holds 7% of the apparel industry, and the firm anticipates that Amazon will comprise 19% of the market share by 2020. It's the second largest apparel retailer, second only to Walmart. The growth has been primarily driven by Amazon Prime memberships. Morgan Stanley ... Read News
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