Is Amazon Going to Fail?

Amazon has changed the world for retail. But has it ever occurred to you that one day it might fail? In 1893, Richard Sears had the idea to create a brand new departmental store called the SEARS. He started it with one store, got a business partner, and over the years, it became the largest retailer in the world. In the 1990s, if the youth thought about competing with SEARS, people would say that they had lost their mind, because competing with SEARS at that time was like competing with Amazon today. SEARS was a powerhouse. They were innovative and…...