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ETFs to Access the Growing Trend in Global E-Commerce


ETFs to Access the Growing Trend in Global E-Commerce
June 14, 2021
The growing presence of e-commerce will continue to accelerate in the global markets, and investors can turn to targeted exchange traded funds to access this growth opportunity.
In the recent webcast,
The Whale of Retail: Investing in E-Commerce, Christian Magoon, Founder and CEO, Amplify ETFs; and Jane Edmondson, Founder & CEO, EQM Indexes, pointed out that the coronavirus pandemic has transformed the way we interact with the world, and has fueled a shift toward online shopping and e-commerce. Online retail is the fastest growing segment of retail sales, growing globally at a double-digit pace. It is a disruptive force here to stay as consumers have embraced value-added features in online retail such as competitive pricing, greater product selection, 24/7 shopping convenience, and rapid delivery options. ....

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Retail Bankruptcies 2021: 5 Retailers That Felt The Pandemic's Pinch And Filed Chapter 11


Retail Bankruptcies 2021: 5 Retailers That Felt The Pandemic s Pinch And Filed Chapter 11
04/26/21 AT 9:19 AM
The COVID pandemic has not been kind to the retail industry as it continues to claim a swath of victims.
Burdened by debt and unmanageable rent payments, many retailers have had to rethink their brick-and-mortar strategy, while others are succumbing to Chapter 11.
Here are five major retailers that have filed for bankruptcy protection in 2021 due to pandemic-related issues.
Belk
In February, department store chain Belk announced that it was filing for bankruptcy protection in a one-day “pre-packaged” Chapter 11 reorganization.
Hit by the pandemic, Belk was burdened by nearly $2 billion debt and saw its sales drop by 32% from March to December 2020, Retail Dive reported. ....

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