Target and Wal-Mart have struggled with same-store sales in 2013, but this isn't a phenomenon that's exclusive to these two discount retailers. High-end retailers have struggled as well and one of the culprits is online sales. Amazon.com is outpacing almost every brick-and-mortar competitor there is, which is troublesome for those without a big online presence. Fool contributor Travis Hoium sat down to discuss recent trends in retail.
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The article Tax Hikes and Online Sales Hit Retailers originally appeared on Fool.com.
Fool contributor Travis Hoium is short shares of Amazon.com. The Motley Fool recommends and owns shares of Amazon.com and Coach. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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