Online Retail vs. "Brick-and-Mortar" Retail

Q: Which has a larger market value?

1: The approximately 5,000 retail stores in the U.S. owned by two retail giants: Federated (Macy's, Bloomingdale's, Filenes, Hecht's, etc., about 1,000 stores), and Sears Holdings (Sears and K-Mart, about 4,000 stores).

2: Ebay and Amazon?

A: #2!

Federated and Sears have a combined market value of $47 billion and Ebay and Amazaon have a combined market value of $50 billion.