Brian Sozzi on where Amazon might be headed after Whole Foods and meal kits. Macy’s?
Yours truly is all for creating new businesses — and winning. But, at the rate Amazon is going, it may disrupt every single industry — materially — within the next 10 years.
What? Amazon has disrupted and stomped on the stock from more than a few industries.
- Blue Apron
- Best Buy
- Foot Locker
- Dick’s Sporting Goods
- J.C. Penney
What’s the problem with owning everything?
If something isn’t done, Amazon will own the entire apparel industry, operating it out of former Macy’s (M) stores. While it’s selling bras and panties for $90 each because of its monopoly, it will be offering $10 bananas from the nearby Whole Foods Amazon Market down the road.
Amazon, the new online stalker.