Skip to main content
No. of Recommendations: 4
Along those same lines, Austin Goolsbe, Univerity of Chicago economist published a piece in the NYT on the Retail Apocalypse that has a different spin: Rather than the internet and online sales being the primary culprit, he proffers that discount stores, big boxes, brick and mortar (Ross, TJ Max, Home Depot, Lowes, Best Buy, and the like) are the primary movers in taking sales and margins from old line retailers. He also talks a little about the narrowing of the middle class mall shoppers.

https://www.nytimes.com/2020/02/13/business/not-internet-rea...

Worth a read.

Best,
Gear
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.