Wall Street Bets Amazon Will Doom Department Stores, Retailers

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The report notes that although investors haven’t been this down on retail since 2008 and the Lehman Brothers bankruptcy, they’ve been wrong before (many times).

“It's obviously a terrible time to be a brick-and-mortar retailer. But Wall Street is betting that things will get even worse for department stores and retailers.”

See the full story on CNN Money.


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