Amazon Will Benefit Most From Closing Stores.

Goldman Sachs analysts say that by the end of this year (2019), retail sales will be closed by 12 thousand stores, but Amazon will benefit from it.

Heath Terry, Goldman Sachs analyst, said that the closing speed of stores is accelerating, which is combined with faster delivery and consumer spending. These measures allow consumers to spend more money on the Internet. Heath,

"We believe that Amazon will be the main beneficiaries," he said in the report. "As the clothing and accessories industry account for the largest proportion of store closures, considering that the market has achieved more than 20% of the Internet penetration rate," He also said that efforts to simplify the purchase process, such as Amazon's 800 million yuan investment in the day delivery service, will persuade more consumers to buy online.

"Pure electric businesses like Amazon continue to benefit from having more consumer data and buying historical records," Terry said. "This can not only bring about a noticeable consumer experience, but also provide efficiency and competitive advantage through advertising, product recommendation and floating pricing."

He said retail outlets could lead to consumers switching to services like Stitch Fix, which directly send clothing selected by designers to subscribers. The company has begun to focus on the mass market consumers outside New York and California.

He wrote that the reasons for retailers' closing down were slow or declining sales growth, leveraged balance sheets and increased rental costs.

Globally, the electricity industry is expected to grow at a compound annual rate of 18% over the next three years, mainly thanks to the strong development of the three regions. In mainland China, the economy still tends to be dominated by consumption, while high-order retailers are expanding their consumption rates, especially in second tier cities. In India, online shopping companies have begun organizing the supply chain by aggregated businesses and establishing infrastructure for delivery and payment. In Latin America, the electricity supplier is expected to grow by more than 20%.