Target (TGT 1.40%) and Wal-Mart (WMT 0.87%) have struggled with same-store sales in 2013, but this isn't a phenomenon that's exclusive to these two discount retailers. High-end retailers have struggled as well and one of the culprits is online sales. Amazon.com (AMZN 2.71%) is outpacing almost every brick-and-mortar competitor there is, which is troublesome for those without a big online presence. Fool contributor Travis Hoium sat down to discuss recent trends in retail.
Across the board, retailers are being hit with challenges.
About the Author
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.