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Membership-only retailer Jet.com recently launched with a new strategy designed to compete with the big online retailers. The company is betting on buying merchandise from other retailers to fill the holes in their product offering and underpricing Amazon.com while initially facing some big losses. Jet’s concierge-style service creates the perception that they have millions of products for sale that they don’t actually stock themselves.  Jet buys items from other sites for its...
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