Could there be opportunities in the 'forgotten retail sectors' attacked by Amazon?

While the big equity market story this year is the continuing rise of the FANGs (Facebook, Amazon, Netflix and Google) and their ability to disrupt established industries, markets have been brutal towards companies in those industries that are under attack.

No better example is the retail industry, particularly in the US where management of some of the most famous and established national brands have been slow to adapt and have seen their shares suffer significantly.  How the shift to e-commerce is transforming the US retail market To put this in context, the likes of Macy's and Gap have struggled with falling footfall into their stores as customers have shifted to online purchases. As Amazon has been driving strong sales growth, albeit at slim levels of profitability, Macy's and its peers have seen declining sales and squeezed profit...