Merchants denounce a city plan to install bus shelters on the super-luxe shopping strip, saying they’ll obstruct storefronts, drive away patrons and ruin businesses.

20 Jan 2020 | 04:23

A new threat is facing the crown jewel of American retailing. But it’s not from Amazon. Nor the explosion of cyber-spending. And it can’t readily be blamed on the seismic shift away from a brick-and-mortar universe.

In fact, the culprit is much more local: If you listen to Madison Avenue merchants and...