The Briefing Room
General Category => Economy/Business => Topic started by: ABX on April 02, 2018, 06:16:22 pm
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Amazon (NASDAQ:AMZN) has been blamed for slowing traffic at America's malls, the death of countless retailers, and the weakened state of so many others. Blaming the online giant for retail's overall woes has become sort of a catch-all excuse.
That's why Amazon is getting blamed for the death of Toys R Us, which was actually caused by private equity and a leveraged buyout. It's also why President Donald Trump can blame Amazon for causing the United States Postal Service (USPS) to lose $1.50 per package delivered and a portion of the public finds it plausible......
...Certainly, the online giant has changed how people shop and it has forced major evolution from rivals like Walmart and Target. Small business has been no different, but a new study suggests that Amazon has actually been more beneficial than harmful in that market segment.....
https://www.fool.com/investing/2018/04/02/survey-shows-amazon-not-hurting-most-small-busines.aspx (https://www.fool.com/investing/2018/04/02/survey-shows-amazon-not-hurting-most-small-busines.aspx)