Which is the best-performing retailer for women?
Freestanding apparel rack is the new favorite of retailers, with Amazon now the best, according to data from research firm Strategy Analytics.
The retail giant has been the top-selling brand for women for the past three years.
But the rise of online shopping is allowing more shoppers to use it, and Amazon’s dominance in the market has been undermined by an ongoing shift in its business strategy.
The company is moving away from its old model of stocking its retail stores with a single brand, and instead, is buying out smaller retailers that sell the same size.
The result is a shift away from the traditional rack model of racks stacked with a range of clothes.
Amazon is the latest retailer to be hit with criticism over the way its clothing racks have grown over the past few years.
Amazon CEO Jeff Bezos said in September that the company has grown “significantly” from its traditional retail model and said it is now offering clothing for women with a new “sister brand” and more selection.
In a recent investor call, Jeff Bezos acknowledged that “our core business has changed” and said the company will continue to focus on growth and growth.
The retailer has also been the subject of a slew of lawsuits, which include a class action brought by women alleging sexual harassment.
Some of those suits have been settled, while others remain.
The suit was settled last month, with both sides agreeing to reduce the scope of the class.
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