Chico's FAS Embraces the Future With an Amazon Partnership [The Motley Fool]
Chico's FAS, Inc. (CHS)
Last chico's fas, inc. earnings: 2/27 07:02 am
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Source: The Motley Fool
The company's latest move points to a runway of growth for Amazon. Jamal Carnette, CFA ( TMFJcar ) May 18, 2018 at 5:18PM Like many brick-and-mortar retailers, it's been a tough path for Chico's FAS ( NYSE:CHS ) . Over the last five years, shares of the clothier are down about 40%. The difference has been a shift from consumers away from store-based retail to e-commerce -- most notably in the form of Amazon.com ( NASDAQ:AMZN ) . In a nascent but growing trend, retailers are deciding that if you can't beat 'em, join 'em. As a result, they're collaborating with companies like Amazon to immediately improve their e-commerce operations. Count Chico's FAS as the next big brand to seek out such a partnership. Image source: Getty Images. Chico's new deal can reverse sluggish sales Chico's recently announced a partnership with Amazon, bringin
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