The Traderszone Network

Published in TZ Latest News 17 June, 2017 by The TZ Newswire Staff

Is Amazon-Whole-Foods Merger The Knockout Blow To Retail? (XRT)

Amazon (AMZN) has been just about the worst thing to happen to the traditional retail sector in decades, if not longer.

Stalwarts such as Sears (SHLD) and JCPenney (JCP) sit on the brink of extinction. More current names like Macy’s (M), Kohl’s (KSS) and Target (TGT) are getting hammered as business continues to shift away from traditional brick-and-mortar to towards the online channel.

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