House lawmakers on the House Judiciary Committee are threatening to subpoena Amazon CEO Jeff Bezos after The Wall Street Journal reported that the company used data from independent sellers to develop competing products. The House panel is engaged in an antitrust investigation targeting Amazon and other major tech companies. Probes against the company come as […]
“The Retail Bubble Has Now Burst”: A Record 8,640 Stores Are Closing in 2017…
The devastation in the US retail sector is accelerating in 2017, and in addition to the surging number of brick and mortar retail bankruptcies, it is perhaps nowhere more obvious than in the soaring number of store closures. While the shuttering of retail stores has been a frequent topic on this website, most recently in […]