Many retailers continue to lose against Amazon. But not Target and Best Buy, analyst says

Amazon may be beating most traditional retailers, but Target and Best Buy are still holding their own.

to better integrate their digital and brick-and-mortar businesses.

Target and Best Buy have both managed these integrations well by offering customers multiple ways to make purchases, such as ordering online and picking up in stores, and getting deliveries directly from warehouses. Ahead of Black Friday this year, both retailers offered deals online over the span of a few weeks."It's just going to carry on getting worse," Berman said.

Berman said in recent years, people "got complacent" as the economy rose and retailers started to do better — but it was just a temporary phase. "The mall apparel retailers are mostly all struggling," Berman said. He added that as "good malls" like Westfield's Garden State Plaza and Century City malls, will be fine, weaker malls will struggle.

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