Yes, the internet has dramatically disrupted the way we buy things. And, sure, the decline of the terrestrial retail business was a natural outcome of that disruption. But the internet isn’t the only thing driving job losses. “Over the past decade, 597,000 U.S. employees working for retailers owned by private equity firms and hedge funds have lost their jobs, while the sector as a whole added more than a million positions.” Bloomberg: Private Equity Has Killed 600,000 U.S. Retail Jobs, Study Says.