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Amazon Strikes Fear Into the Retail Sector

By Jim Cramer

 About this article:
 Is Amazon totally zero sum? When I see the exploding sales and I measure them against, say, eBay, there is no doubt in my mind that Amazon is simply slaying eBay, and the problems at the auction site -- vs. the fixed price -- are secular in nature as well as cyclical. Amazon is to eBay as Google was to Yahoo!. Cramer: Amazon Is the Online Wal-Mart var config = new Array(); config"videoId" = 9434682001; config"playerTag" = "TSCM Embedded Video Player"; config"autoStart" = false; config"preloadBackColor" = "#FFFFFF"; config"useOverlayMenu" = "false"; config"width" = 265; config"height" = 255; config"playerId" = 1243645856; createExperience(config, 8); At a time when millions are leaving the employment rolls, it's easy to shop Amazon and know you are going to save money because of the tax savings. Plus, the convenience is very bad for the mall. I wonder whether people switched...

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