Amazon Effects on Your Local Bookstore: Competitor or Teacher?
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October 9th, 2011
The current economy is being effected by a number of different factors and businesses of all shapes and sizes are feeling the effects. A trend that has effected many retailers, in combination with the general downward slide of consumer spending, is the adjustment to online retailers, namely Amazon. I will focus on Amazon being that as of the close of 2007 it held the title of the world’s largest online retailer with close to 15 billion in annual sales. The way in which traditional retailers use the technology that has now become commonplace is a determinate of their future success. A Read more