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this post was submitted on 13 Jul 2026
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These are a handful of exceptions to a sweeping 15 year trend.
The following retailers in the United States and Canada have all either closed or announced plans to close large numbers of retail locations, since 2010, deemed a "retail apocalypse" by media, accelerated by both the increase in online shopping and by the COVID-19 pandemic.
So brick and mortar consumer retail is being killed off by online consumer retail......and you are interpreting this as all consumer retail is failing? Are you just not arguing in good faith, or are you that donkey brained?
Online shopping is retail but semantics... I guess the businesses that aren't on your list are showing profits made by ghosts then.
Amazon’s data center revenue — primarily from its Amazon Web Services (AWS) business — has grown faster than its retail sales in recent years, reflecting a strategic shift toward high-margin cloud infrastructure.
Some of this is governmental. But a big chunk is functionally a circular network of business spending. Microsoft pays Amazon a dollar. Amazon pays NVIDIA a dollar. NVIDIA pays Microsoft a dollar. Ad Infinium.
And yet their retail sales are still growing year over year at nearly 10%.
Except for at the retail venues that failed, of course.
Lol, it's like someone built an AI powered by the brains of goldfish. We were talking about Amazon. Which has been growing around 10% year over year, taking over the business of retail venues that have failed.