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An Epically Bad Week for US Brick-and-Mortar Retailers and Landlords

An Epically Bad Week for US Brick-and-Mortar Retailers and Landlords Winners in this crisis: Ecommerce – for retailers that don’t sell men’s office & formal wear – and for sure, lawyers. Tailored Brands, a holding company for men’s apparel stores, including Men’s Wearhouse and JoS. A. Bank, is considering filing for bankruptcy, according to sources cited by Bloomberg on June […]

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Retail Store Closures Have Huge Impact On Communities

Retail Store Closures Have Huge Impact On Communities Across America many buildings stand empty or under-leased. They once housed thriving businesses that provided Americans with good-paying jobs.Over the last several years retailers have been closing stores and as the carnage rapidly accelerates this will be back in the news bigger than ever. The impact of […]

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National facial recognition database to use loyalty rewards to identify American shoppers

National facial recognition database to use loyalty rewards to identify American shoppers image credit: Zenus Biometrics For years, I have been warning people about facial recognition in retail stores, but this story might convince you to avoid retail stores altogether. A recent article in Biometric Update. com (BU) reveals that retail stores have a master […]

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It’s Just Starting: Moody’s Warns A Deluge Of Retail Bankruptcies Is Coming

It’s Just Starting: Moody’s Warns A Deluge Of Retail Bankruptcies Is Coming 2017 was a perfect storm for “brick and mortar” retailers who officially lost the war with Amazon, and no less than 30 retail chains filed for bankruptcy in a year in which the CEO of Urban Outfitters said the “retail bubble has now […]

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“The Retail Bubble Has Now Burst”: A Record 8,640 Stores Are Closing In 2017

“The Retail Bubble Has Now Burst”: A Record 8,640 Stores Are Closing In 2017         “Thousands of new doors opened and rents soared. This created a bubble, and like housing, that bubble has now burst.”         – Richard Hayne, Urban Outfitters CEO, March 2017 The devastation in the US retail sector is […]

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Retailpocalypse 2017: Hundreds of Stores Will Be Closing

Retailpocalypse 2017: Hundreds of Stores Will Be Closing After Christmas, all is not calm and bright in the retail world. For those who are still under the illusion that our economy is great and prosperity is nigh, you might want to consider the massive loss of jobs that will be forthcoming as stores across the […]

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Major U.S. Retailers Are Closing More Than 6,000 Stores

Major U.S. Retailers Are Closing More Than 6,000 Stores If the U.S. economy really is improving, then why are big U.S. retailers permanently shutting down thousands of stores?  The “retail apocalypse” that I have written about so frequently appears to be accelerating.  As you will see below, major U.S. retailers have announced that they are […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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