Amazon's Department Store Disruption: If You Can't Beat Them... Why Join Them? - NewsBreak

The news that Amazon would be joining the ranks of the departments stores it has been beating up for years came as somewhat of a surprise to many retailers. The industry-slaying ecommerce giant has seen its market cap rise to $1.7 trillion this year. While ecommerce's overall performance continues to eat market share, traditional retailers respond by closing underperforming stores. UBS analysts predicted that by 2025, the U.S. would have 100,000 fewer stores. Now Amazon wants to open physical stores to sell clothing and household items and facilitate exchanges.