The Death of Retail, Illustrated
- Joshua M Brown
- February 24th, 2013
Derek Thompson looks at the already-probably-doomed merger between Office Depot and whatever the other one was called this week at The Atlantic. He explains why the Death of Retail hasn't felt like a death in the eyes of the consumer thanks to Amazon and Wal-Mart. There's also this crazy chart showing the negative change in employment for the retail industry by category. This dying industry still employs 1 in 10 Americans, unfortunately...
Source:
The Death of Retail: The Economics of the (Doomed) Office Depot/OfficeMax Merger (TheAtlantic)
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The Reformed Broker is a blog about financial markets and the economy. Joshua Brown is a New York City-based investment advisor for high net worth individuals, charitable foundations, retirement plans and corporations... More. -
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