MIAMI—There's a lot of talk about the Amazon effect. How real is it? GlobeSt.com caught up with Terrence Hart, director of Retail Leasing at Franklin Street, to get some straight talk.
GlobeSt.com: What single factor had the biggest impact on retailers?
Hart: There is a reason why Amazon has now become the largest retailer in the world by a large margin over any other operator. Amazon was the first to capture this new generation of shoppers who value their personal time and comfort over money and status.
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