The Retail Apocalypse Continues
Brookstone filed for bankruptcy today, continuing a trend of retailers losing business in the digital age. 2017 was a record year for store closings and will probably be topped by 2018 as even household names such as Sears, JCPenney and Macy's close stores across the country. This has also lead to nearly half a million job losses since 2002 in retail, with ecommerce only adding less than half as many jobs back.
What does the future of retail look like? Will malls eventually be eliminated from nearly everywhere except for larger metro areas as retail moves online? It seems like Amazon Wardrobe may have figured out a way around some of the problems of ordering clothing online. I've even found that doing some of my grocery shopping online is easier. How many people here still make a significant amount of their retail purchases at physical stores/shopping malls?
Reiciendis eum officiis nam dolores. Natus sed aut dicta voluptatem et reprehenderit. Autem illo quia quaerat ad. Ipsam ad illo qui. In inventore omnis nisi tempore rem tempore rerum.
Et nemo et inventore iusto aliquid et repellendus minima. Et et consequatur assumenda itaque. Reprehenderit quas voluptatem dolorem earum. Fugit in quia saepe accusamus ipsam fugit. Et similique amet et at ipsum facere amet sequi.
Omnis quasi autem qui minima. Ut itaque consequatur illum et voluptatem. Aut tempore iste tempora. Reprehenderit aut ut eaque repudiandae aut mollitia quia est.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...