If future anthropologists want to study the rubble of early-21st-century retail, a good place to start will be what Amazon.com did to apparel shopping in the few years before and after 2017. The outlook for physical retailers is grim, the sector roiled by store closings, layoffs and bankruptcies. This year, Amazon will surpass Macy’s, which last year announced it would shut 100 stores, to become the largest seller of apparel in America, by several analysts’ estimates. It is looking at ways to keep expanding, too. Amazon is exploring the possibility of selling ...
Amazon's big moment in apparel
Outlook for physical retailers is grim, with sector roiled by store closings, layoffs, bankruptcies
Nick Wingfield Last Updated at May 2, 2017 01:09 IST