With that being said, Investors Business Daily today reported that Amazon is poised to become the number one U.S apparel retailer by 2017; Amazon is growing in the clothing business, while traditional retailers such as (WMT) and (TGT) are in decline, Blackledge said. A bold call, and while my apparel buying habits might be different than most this is without a doubt a huge possibility. This got me thinking about what apparel stocks have held up well against Amazon and are they likely the next one's to feel Amazon's wrath. Children's Place and Carter's have held up relatively well against Amazon; as an online buyer, I would feel much more comfortable buying baby clothes on Amazon than a pair of jeans for myself. Children's Place and Carter's might be the next in line to feel some Amazon pain.
5-year chart of Amazon versus Children's Place and Carter's.
My opinion and outlook are subject to change as new information comes in.
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