The Great Value Migration
A virtual bookstore called amazon.com takes on b. Dalton. Xerox steals a chunk of the textbook market. Circuit city brings a civilized approach to used car sales and revolutionizes an industry. It’s classic David and Goliath. Or is it invasion of the profit-snatchers? Or maybe attack of the killer concept? Actually, it’s value migration, and it’s coming to an industry near you-or maybe it’s already playing right down the street.
May 1 1997 by JP Donlon