News Snapshot:
[US-China technology competition – Brookings Institution] Advertisement Amazon, which has posed formidable challenges to booksellers, big-box chains and grocers, has a new kind of retailer in its sights: physical clothing stores. The company said on Thursday that it planned to open a clothing store called Amazon Style this year in Glendale, Calif., at a shopping center called The Americana at Brand. Renderings of Amazon Style shared by the company call to mind a department-store chain like Nordstrom or an off-price chain like T.J. Maxx. Items will range in price from $10 to $400, the company said in an email, and...
