Of digital competition thats slamming into so much of retail . Have we gotten a little more rational about this issue . On a day when the dow lost 33 points, breaking its tenday winning streak thats largely because president trumps statement about meeting north korean threats with fire and fury surprised investors arent in love with the idea of nuclear war. I think the market is starting to behave logically when it comes to many phases of retail, which had been in a bear market. Take the relationship between amazon and its brick and mortar competitors. Just a few weeks ago, the consensus was that amazon was poised to destroy everything retail i mean, everything every brick and mortar store and every supplier we stopped discerning among different parts of the retail food chain and assumed its game over for the whole sector and look, no one is denying that amazon is incredibly powerful, but many blind sided retail ceos have finally begun to come to terms with the new reality, and now the
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International tourism nearly reached pre-pandemic levels in early 2024, with notable growth in the Middle East, Europe, and Africa, and a full recovery projected for the year.