The out of control inflation that is sickening our nation's economy is having a drastic impact on "big box" retailers. This terrible scourge of inflation is eating away at the public's disposable income, and this leave people less money to spend on shopping. Inflation makes it appear that prices are on the rise, but in reality it is people's money that is losing its buying power.
The Internet and on-line shopping have of course had a tremendous impact on the market and the way in which people shop However, the middle class has always looked for both value and quality when shopping, this means that everyone is not flocking to budget or discounts shops like Walmart. Amazon will never have the sex appeal of Victoria's Secret. Personally, I dread the thought that Walmart will dominate every facet of the marketplace.
Regardless of Amazon's or Walmart's market share, if things continue the way the are and the Inflation bubble is not corrected, even modestly priced stores like Target will continue to lose ground.