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‘Retail Apocalypse’ Continues: Forever 21 Files For Bankruptcy, 30,000 Jobs At Risk
‘Retail Apocalypse’ Continues: Forever 21 Files For Bankruptcy, 30,000 Jobs At Risk Following reports earlier this month that a bankruptcy for the fast-fashion pioneer was imminent, Forever 21 filed for Chapter 11 protection in Delaware Sunday night, becoming the latest brick-and-mortar retailer to succumb to the Amazon-driven ‘retail apocalypse’, Bloomberg reports. In addition to the competition from e-commerce retailers, BBG said […]
Retail Apocalypse Claims Latest Victim: Barney’s Files For Bankruptcy; Blames Rising Rents, Fewer Customers
Retail Apocalypse Claims Latest Victim: Barney’s Files For Bankruptcy; Blames Rising Rents, Fewer Customers Ultra luxury department store chain Barney’s probably did not use a plush, Louis Vuitton letter pouch in which to submit its Chapter 11 filing at Bowling Green yesterday, but the result is the same: the iconic Madison Avenue store officially filed […]
Retail Apocalypse: 12,000 Stores Are Forecasted To Close This Year
Retail Apocalypse: 12,000 Stores Are Forecasted To Close This Year As the economy cycles down through summer, there is new, alarming data that shows retail store closings are accelerating. Coresight Research says there have already been 20% more store closings announced in the first six months of 2019 than in all of 2018. The research firm examined figures and […]
The Retail Apocalypse Picks Up Speed As Sears, JCPenney, Brookstone And Mattress Firm Spiral Toward Bankruptcy
The Retail Apocalypse Picks Up Speed As Sears, JCPenney, Brookstone And Mattress Firm Spiral Toward Bankruptcy Over 20 major retailers have filed for bankruptcy since the beginning of last year, and in 2018 we may break the all-time record for annual store closings that was established just last year. We are in the midst of […]
77 Million Square Feet Of Retail Space And Counting – America’s Retail Apocalypse Is Spiraling Out Of Control In 2018
77 Million Square Feet Of Retail Space And Counting – America’s Retail Apocalypse Is Spiraling Out Of Control In 2018 In 2017 we absolutely shattered the all-time record for retail store closings in a single year, and this year it looks like we are going to shatter the record once again. In fact, there are […]
Thousands More Stores Are on the 2018 Retail Apocalypse DEATH LIST: Are your local stores on the list?
Thousands More Stores Are on the 2018 Retail Apocalypse DEATH LIST: Are your local stores on the list? Every year, it seems like more and more retail outlets are going out of business, resulting in the loss of jobs and local supplies. Last year, hundreds of stores closed, and this year, even more shops are […]
Retail Apocalypse: 2016 Brings Empty Shelves And Store Closings All Across America
Retail Apocalypse: 2016 Brings Empty Shelves And Store Closings All Across America Major retailers in the United States are shutting down hundreds of stores, and shoppers are reporting alarmingly bare shelves in many retail locations that are still open all over the country. It appears that the retail apocalypse that made so many headlines in […]
Major Chain Stores Shutting Down as America Faces “Birth Pangs of Retail Apocalypse”
Major Chain Stores Shutting Down as America Faces “Birth Pangs of Retail Apocalypse” Reduced consumer spending is heralding a looming economic downturn, if not collapse, with an unprecedented shutdown of major box stores, restaurants and grocers underway. It doesn’t bode well for the millions of Americans who are already seriously struggling, and will only accelerate […]
