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'Amazon Effect' Hits Retailers Around the Globe (axios.com)

From a report: U.S. stores have been closing at a faster rate in 2017 than at any time since the recession, an American phenomenon being dubbed "retail apocalypse." Though this has so-far been largely a worry for U.S. retailers, the Wall Street Journal reports that investors in Europe are worried that it is now spreading abroad.

2 of 133 comments (clear)

  1. Re:Amazon is part of it... by Anonymous Coward · · Score: 2, Funny

    I blame Al Gore.

  2. Amp experience by citylivin · · Score: 4, Funny

    Needed to replace a QSC amp. Found it on amazon with 2 day shipping for free (thing weighs like 30lbs...). Decided i felt sorry for our local AV place so i called them up and asked them the price. Was about $50 more plus some small amount for shipping. Told them about amazon and offered them to price match it, which they did.

    2 weeks later and i was still waiting for the part. They said their supplier had a delay. Finally 3 weeks later the amp arrived. No apologies or anything from the local guys (likely not their fault, but still...)

    So next time I won't even bother getting them to quote and price match. Amazon's distribution chain in canada is blowing everyone away right now.

    --
    As a potential lottery winner, I totally support tax cuts for the wealthy