CNBC host: There’s ‘no room’ in market dominated by Shopify, Amazon
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Shopify was named as one of the reasons a fashion retailer may be headed for trouble by CNBC host Jim Cramer.
Cramer mentioned Cato Corporation in his July 17, 2019 “Lightning Round” segment on “Mad Money.”
“You got it at a good price to be able to skidaddle. That’s a marginal retailer. There’s no room for marginal retails in a market dominated by Amazon and Shopify,” he said.