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1.Market Observations, 8.Was Sticky

9 Jan 2017 (AFR) – Amazon kills US retail en route to Australia

(9 January 2017, AFR, p15, by John Kehoe)

‘As Amazon prepares to expand into Australia to compete against bricks and mortar retailers, the American e-commerce behemoth is destroying traditional retailers in the United States. In the wake of Amazon’s sales dominance during Christmas season, leading US retailers are slashing thousands of jobs, shutting hundreds of stores and suffering plunging share prices.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

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