“Today, from coast to coast, whole malls sit abandoned.”
Thus has been the way of malls since about 20 years after malls started.
I still use amazon, but I compare against brick and mortar stores for the best deal for the same product.
I recently bought a chain saw and I bought it Home Depot.
I compared it on amazon and four other locations and it was 18% less expensive {exact same product, same model} at Home Depot.
I did drive over and pick it up, but the round trip is less than 15 miles so that is not a real issue.
If amazon would have been 18% less expensive, I'd have bought it there.
Why pay more for the exact same product, unless you absolutely must have it immediately for a project you are currently working on. If that's the situation, price becomes a secondary consideration, and you just go and buy it where it is available.
Bezos is a kid of a CIA father. He was groomed as a Wall St hedge fund trader at DE Shaw where he was quickly promoted to SVP ostensibly due to his CIA family.
In 1994 Bezos was set up to start Amazon in Seattle. Seattle’s metro area touched Bellevue Redmond where today’s psychopath Bill Gates III was greased by his mother’s IBM connections to dominate the microcomputer software space. It was the ‘thing.’
Bezos’s mission was to dominate e-commerce but he couldn’t make a profit for 17 years. From 1994 to 2011 Amazon floundered.
Bezos was told by his central banking CIA buddies that they could fund him to the moon if he could just turn a profit. Amazon’s accountants cooked the books and cranked out a quarterly profit in 2011. Presto! The 1st 10 billion arrived to Amazon as a CIA contract for “Cloud Services.”
Many more ten billion dollar contracts followed.
If Sears and Roebuck had a fraction of Amazon’s Wall Street banking funny Fed money, they would have made Nordstrom’s look like a garage sale.
Bezos is now 100% controlled by the Davos gang.
And he was never a genius, he just had the connections.
Same as Bill Gates, not a genius, just a phone talker while Paul Allen was the code master. All of Microsoft’s products were stolen, first from Xerox, then Apple.
Jobs had vision but had Wozniak as code genius.
Among Jobs, Allen, Wozniak and many others including Ellison, Bezos doesn’t even make the list.
What’s happening here is something I’ve predicted for several years. Amazon is opening retail stores because they’ve finally figured out that making deliveries to every home and business in America is very costly and makes no sense for many types of purchases.