Corporate America Is Suddenly Freaking Out About Amazon

Last night we showed the dramatic impact Amazon has had on the retail sector , where over $6 billion in retail debt has filed for Chapter 11 protection YTD… … a 110% surge compared to the first half of 2016, and pointed out that there was one recurring name mentioned among 2017’s bankrupt retailers listed in the chart below: brands such as Gymboree, Payless, rue 21 and the Limited all cited Amazon affect as a contributor to their downfall .

Source: Corporate America Is Suddenly Freaking Out About Amazon

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