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Is Amazon killing the retail business?
Gap yesterday announced it was closing 230 retail stores, just a few hours after J.C. Penney said it was closing 27 stores , and a day after Victoria’s Secret said it was closing 53. These announcements bring total store closings this year to 4,500.
But here’s the thing: some of the biggest big boxes—Walmart, Target, Best Buy —had stellar fourth quarters.
(Alan Murray-Fortune CEO Daily)
What do you think?
Are you an online shopper or in the store shopper?
