Retail spending was up 3.9% in October, which should be a good sign for retailers heading into the holiday season. But Wal-Mart (WMT 0.06%), Target (TGT 0.71%), and Best Buy (BBY 0.84%) are either growing more slowly than the overall market or even seeing store sales decline.
The reason for the brick-and-mortar weakness may be none other than Amazon.com (AMZN 3.71%), which will soon pass Target in sales. Every percentage point of growth Amazon gains has to come from somewhere, and it looks like it's coming from Wal-Mart, Target, and Amazon.
Erin Miller sat down with the Fool's Travis Hoium to see how investors should react.
