
hey so, amazon is real. but private equity looting is also real & predated amazon’s true preeminence in retail. when toys r us went bankrupt in 2017, for example, amazon only had 99 million users. (now its more than double that). but they were in the death phase of a leveraged buy out by PE
Malls are more than Toys R Us, sales have declined across the board regardless of whether stores are owned by private equity firms or not. Toys R Us is also a terrible example. It was already struggling when they were bought out, and the PE firm lost millions when they went under.