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RE: How Much Longer Can Most Retail Businesses Last?
Amazon's razor-thin margins make it virtually impossible for many mom-and-pop retailers to compete. Take a look at Toys-R-Us going under recently. They just couldn't compete having to pay sky-high rents in major metropolitan areas. Times are changing.
well , Toys-R-Us went under because they had a huge debt load , but surely competition from e- commerce did not help them stay afloat.
This is very true.
I think having a storefront is just so hard these days for many things. The stores that survive with storefronts have niche businesses or customers. If walmart didnt kill their margins already, online businesses like amazon will.