Is Amazon the cause of Retail Disruption?
In other words, online spending is on track to blow up the retail industry, but it's not quite to the point where it actually can. Whether or not companies are anticipating and reacting to the threat by closing stores is another matter.
"Either way, the real-world industry might be headed towards a bloodbath," Kalyanam said. "There is a very good possibility of this happening," he said. "Too many negative forces affecting traditional retail."