NEW YORK CITY—Figuring out the winning formula of how retailers can best work with Internet sales remains elusive.
Richard Wagman, managing partner at Madison Capital, wryly stated after Amazon put almost every bookstore out of business, the company opened a bookstore at the Time Warner Center—“and it's horrible.”
“I don't get it. Amazon said, 'You have to see our store at Columbus Circle. It's a real experiential store,'” said Wagman. “I walked into the store and I was like, 'Actually, it's kind of like a sh*tty Barnes & Noble.'”
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Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
