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home / news releases / WANT - Does Amazon Plan To Reinvent The Department Store?

WANT - Does Amazon Plan To Reinvent The Department Store?

Direxion Daily Consumer Discretionary Bull 3X Shares
  • The Wall Street Journal announced that Amazon plans to open “Large Retail Locations Akin to Department Stores”.
  • This news comes at the heels of the latest e-commerce report from the Census Bureau posting record sales of $225 billion in the second quarter of 2021.
  • Department stores have been struggling to reinvent themselves in recent years. Amazon might be able to accomplish this, with all its massive data knowledge.

For further details see:

Does Amazon Plan To Reinvent The Department Store?
Stock Information
Company Name: Direxion Daily Consumer Discretionary Bull 3X Shares
Stock Symbol: WANT
Market: NYSE
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