COVID-19 endangers retailers already hurt by Amazon
May 14, 2020
A Wall Street Journal article begins, “Amazon.com may hurt retailers. Coronavirus will finish them off.” Around 100,000 stores were expected to close over the next five years, as a greater percentage of retail sales shifts online, according to a UBS projection. The number of people regularly shopping online is only likely to increase as Americans deal with the fallout from the coronavirus pandemic.
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