Toys R Us Files for Chapter 11 Bankruptcy

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  • PrivateJacket reply Regardless of how much competition from Amazon is involved, they are still a dangerous near-monopoly. In our times, it should be no surprise that they get subsidized. ----------------------------------- A Citigroup analysis finds each box gets a $1.46 subsidy. It’s like a gift card from Uncle Sam. July 13, 2017 Like many close observers of the shipping business, I know a secret about the federal government’s relationship with Amazon: The U.S. Postal Service delivers the company’s boxes well below its own costs. Like an accelerant added to a fire, this subsidy is speeding up the collapse of traditional retailers in the U.S. and providing an unfair advantage for Amazon.
  • Whovian72 reply Yes but consider this that people are just plain tired of going into a store to get things. When you go into Walmart for example, you have people that don't know about the products that they're selling and compared to online you can just research the merchandise online very fast, efficiently and various opinions about the merchandise and then order online within minutes to your door.
  • DieNetaDie reply your thoughts on H A's book and what PrivateJacket brought up
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