Around the Net
Amazon Leaves Legacy Retailers In The Dust
- Knowledge@Wharton, Thursday, June 1, 2017 8 AM
Amazon, whose stock recently reached $1,000/share, has expressed a mission to take over the retail world, and it seems to be working. While the company’s chief executive officer, Jeff Bezos, was criticized years ago for plowing profits back into the digital platform, that strategy has given the company the ability to sell virtually anything that can be shipped anywhere.
