AMZN’s ‘Consolidation’ Humbling Staples et al., Says Topeka
Posted on September 25, 2012 at 18:25 PM EDT
Amazon.com (AMZN) “is looking to consolidate the retail industry in the countries in which it operates,” writes Topeka Capital Markets‘s Victor Anthony in a research note to clients this afternoon, a phenomenon he sees exhibited in the announcement this morning by Staples (SPLS) that the bricks and mortar chain that it will speed up its [...]