Amazon's competitors are catching up, says former Toys R Us CEO

Amazon's competitors are catching up, says former Toys R Us CEO

5 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/10/26/amazons-competitors-are-catching-up-says-former-toys-r-us-ceo.html

Amazon's competitors are closing in on the tech giant, as indicated by its lower-than-expected revenue and fourth-quarter outlook, former Toys R Us CEO Gerald Storch told CNBC on Friday.

"Growth is slowing, and competitors are catching up," Storch said on "Closing Bell."

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