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Amazon Will Replace Macy's as Top U.S. Apparel Retailer by 2017, Analyst Says

2015-07-20 16:46:33| Apparel - Topix.net

"Amazon is winning in large Retail and Tech markets given long-term investments, per our proprietary data/analysis," Cowen analyst John Blackledge wrote in a research note Monday morning. "We expect Amazon to be the #1 US Apparel retailer by '17, driven by accelerating purchaser growth, and continue to gain traction in other retail verticals."

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