
Since its early days as an online bookseller, Amazon (Nasdaq: AMZN) has rewritten the rules of retail. By offering low prices, fast delivery, and excellent customer service, the company has convinced millions of Americans to ditch their regular trips to the mall and instead shop from the convenience of their own homes.
As a result, dozens of retailers have declared bankruptcy and nearly ten thousand stores closed just last year. However, some retailers like Walmart (NYSE: WMT) and Best Buy (NYSE: BBY) have found ways to fight back against Amazon, and have even managed to thrive as those two stocks recently reached all-time highs. Thanks to a variety of tactics, more retailers seem to be figuring out how to survive in the changing consumer landscape. Let’s take a look at a few of the ways brick-and-mortar chains are competing with the e-commerce giant.ALSO READ: Survey Shows Amazon Not Hurting Most Small Businesses
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