Cloud Computing: Amazon’s Stock Can’t Defy Gravity Forever
August 22, 2014
Grazed from WallStreetDaily. Author: Louis Basenese.
Amazon (AMZN) has been basking in the glory of higher sales and share prices, thanks to a phenomenon known as “showrooming.” That’s when consumers hit their local stores to get an up-close look at a product, but then head home to purchase it online.
Chances are you’re guilty of this behavior, too, since an annual Harris poll shows that 46% of Americans admit to showrooming (up from 43% the year before)…
For years, analysts perceived showrooming as the biggest threat to traditional brick-and-mortar retailers. And as the dinosaur in the business, Amazon has been the biggest beneficiary of this habit for years. But is the company’s entrenched competitive advantage about to backfire?…
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