It’s Amazon’s world, we’re just living in it

Date: 29 Jun 2017 | posted in: Media Coverage, Retail | 0 Facebooktwitterredditmail

KCRW’s To The Point – June 29, 2017

Hosted by León Krauze

Retail in America is undergoing a revolution. As consumers turn to e-commerce to buy everything from diapers to appliances, big box stores are becoming obsolete. Macy’s, JC Penney and RadioShack are cutting thousands of retail jobs across the country. That’s good news for Amazon, and other online retailers, but bad news for brick-and-mortar stores and shopping malls that are slowly vanishing from America’s landscape. Cashiers and salespeople outnumber the manufacturing and coal workers we hear so much about. How will traditional retailers – and the thousands who work for them – stay alive in the time of Amazon?

Rachel Abrams, New York Times (@RachelAbramsNY)
Marshall Steinbaum, Roosevelt Institute (@econ_marshall)
Stacy Mitchell, Institute for Local Self-Reliance (@stacyfmitchell
Geoffrey Manne, International Center for Law & Economics (@geoffmanne)

Abrams on growth of e-commerce, labor’s struggle to adapt
Abrams on the fight among grocers to deliver perishables
Steinbaum on concern about Amazon-Whole Foods merger
Mitchell on Amazon’s stranglehold
Manne on Amazon not actually annihilating retail jobs

See the full story here.

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Nick Stumo-Langer

Nick Stumo-Langer was Communications Manager at ILSR working for all five initiatives. He ran ILSR's Facebook and Twitter profiles and builds relationships with reporters. He is an alumnus of St. Olaf College and animated by the concerns of monopoly power across our economy.