26-07-2017 21:35 via feedproxy.google.com

It’s time to fear Amazon

When Walmart set up shop in a small West Virginia town, Foodland, a grocery chain of around 30 stores spanning areas of the south and southeast, buckled under the pressure. “It was just overnight. Even the employees didn’t see it coming,” said Pat McKenzie, director of the Richwood Chamber of Commerce. The neighborhood mainstay closed its doors just weeks after Walmart’s arrival. Piggly Wiggly, a larger chain with over 500 stores, followed suit shortly after. Walmart isn
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