To the Point
Amazon and the retail revolution
It's Amazon's world now. What began 23 years ago as an online bookstore - a romantic experiment, it seemed at the time - has become an absolute gamechanger. Retail stores and workers now face a long list of challenges. With more than a half million retail jobs gone since 2001, the future of retail might predict the future of America's workforce as well. León Krauze guest hosts.
Photo by Mike Seyfang
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Retail in America is undergoing a revolution. As consumers turn to e-commerce to buy everything from diapers to appliances, big box stores are becoming obsolete. Macy's, JC Penney and RadioShack are cutting thousands of retail jobs across the country.
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