UNLOCK THE POWER OF THE VAULT

These Retailers Are Making More Money Than Amazon

August 24, 2016

 

 


These Retailers Are Making More Money Than Amazon

Aug 18, 2016 | Champaign Williams, Bisnow

We all know department stores are suffering from low sales due to e-commerce. Last week, Macy’s announced it’s closing 100 stores, or 15% of its portfolio, and JC Penney and Gap are making similar moves.

But that doesn’t mean all retailers are struggling. E-commerce king Amazon.com raked in $1.93B in profits and $120.6B in revenue in the past 12 months, but these 10 bricks-and-mortar players are topping that, according to USA Today.

Article Located Here

 

Go Back
Thomas E. Burns, III
July 29, 2015
February 22, 2016

I subscribe to Blue Vault to keep up with the sponsors and their wholesalers! The analysis keeps me up to date with the various portfolios and the way they are managed, including the differences between them.