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Why Amazon Is Gobbling Up Failed Malls - WSJ


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FedEx leaves Amazon on the doorstep as the store becomes a competitor

Amazon's massive business doesn't just compete with other retailers anymore.


Venerable shipper FedEx is cutting one of its few remaining ties with Amazon, saying it won't renew its ground delivery contract with the retail behemoth when the agreement expires at the end of the month.


Bloomberg News first reported the company's decision. FedEx said in a statement that the decision "is consistent with our strategy to focus on the broader e-commerce market."





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