In the Crosshairs
There used to be a time, not too long ago, when you could stroll into your local bookstore and cozy up in an oversize chair with a good read, or just spend time canvassing the aisles. About the same time, you might have found yourself perusing the aisles of a department store, picking up shoes, a purse, maybe even some shirts on sale. Those days are ending soon for many well-known retailers, thanks to the Amazon business model. Consumers love convenience, and Amazon takes advantage of it with shop-from-home service. Make no mistake, the "retail apocalypse" is here. While some businesses are actually thriving because of Amazon, many are threatened by the online giant.