Why Amazon can't keep up with AutoZone
It is commonly thought to be a terrible time for many brick-and-mortar retailers, but one segment seems to be bucking the trend – auto parts. One business, in particular, seems to be doing especially well: AutoZone. Its stock skyrocketed to nearly $1200 a share at the end of 2019. Investors see AutoZone as a leader in a segment of retail relatively well protected from the e-commerce incursions that have brought down so many other once seemingly invincible stores.
Fri, Jan 24 20209:01 AM EST