Thread regarding Macy's Inc. layoffs

1960s-1980s: the malls are k–ling downtown and small businesses.
1990s-2000s: Walmart is k–ling downtown and small businesses
2010s-2020: Amazon is k–ling downtown and small business.

Maybe your small business just s—s.

I’ve followed AWS and Amazon’s other various offerings for some time, as well, and Amazon as a company has become something of a personal obsession of mine. I have some further thoughts on Amazon and the impending retail apocalypse that I wanted to share for those who are interested in the overall future of retail.

https://techcrunch.com/2017/05/14/why-amazon-is-eating-the-world/

"each piece of Amazon is being built with a service-oriented architecture, and Amazon is using that architecture to successively turn every single piece of the company into a separate platform — and thus opening each piece to outside competition."

"Amazon will only be brought down by an anti-trust case (though that’s a long way off, given that they only have a small percentage of total retail volume today)"

It is not difficult to understand Amazon owner Jeff Bezos, actually owns the world. Why is everyone complaining, we the consumer should boycott buying on Amazon—Oh wait, we can't because everyone is now programmed to BUY CHEAP! Shame on us!

Physical retail will survive but not recover. You may survive from a stroke with body paralyzed. You may think along that line ...

It’s indisputable that Amazon has changed retail forever, but there will be a place for stores and omni channel retailers. Nike no longer sells on Amazon for example to control quality (too many fakes on Amazon) and margins.

Retailing is a social activity and humans are social beings. I don’t know who will survive, but Marc Lasry of Avenue Capital (very well known distressed debt investor) has publicly said that he’s buying Macy’s bonds.

The prophecy of Amazon disrupting retail is coming true, and those small businesses and their market share is now being transferred to Amazon’s piece of the pie in the pandemic. The macro event only stimulates verticals that feed Amazon’s present and future profits. We have been disrupted by our appetite for comfort and convenience, while our communities are fading in the great machinery of American capitalism’s next phase.

If America hits rock bottom it will be 30% unemployment, a U.S. poverty rate that will increase from 12% to 19%, the worst in at least 53 years. But Amazon, it will thrive in our suffering while business owners must start from scratch. Welcome to the American dream of technology monopolies. Retail and the department store is becoming unrecognizable, and the pandemic is hurrying disruption by fair means or foul.

While around 57% of small businesses saw revenue drop by 75% or more due to Covid-19, according to Main Street America, Amazon has never been stronger.