Paul Sternberg of Houston Looks at Amazon’s Effect on Houston Commercial Real Estate Market
As consumers continue to flock to Amazon, the face of retail in the U.S. is in a constant state of flux. Unable to compete, businesses of all shapes and sizes are failing under immense pressure from the online retail giant. Even big brands are unable to keep up, with Macy’s, Sears, and JCPenney each closing around 15 percent of their…