Revenues would fall by $60 billion at apparel-based brick and mortars, if Amazon was responsible for 25% of apparel sales, according to Fitch.
Troubled retailers, take note.
Get out now, Nordstrom, the retail industry is only set to worsen.
Amazon continues to upend retail. One well-known retail CEO reveals how bricks-and-mortar chains could thrive in such a volatile shopping backdrop.