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

Posted by msmash on from the meanwhile dept.

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.

1 of 133 comments (clear)

  1. Amazon is part of it... by houstonbofh · · Score: 5, Insightful

    But hiring the cheapest and most clueless idiot to staff your stores is a big part as well. If brick and mortar wants to compete, they have to add value over amazon. A person that can actually answer questions is a big step in that direction.