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Tuesday, April 17, 2018
The Retail Apocalypse is gaining steam according to Bloomberg
If you've followed this blog for long, you know what the Retail Apocalypse is. Thousands and thousands of major chain stores are closing for a variety of reasons. Many of these major store chains are going out of business, some are going into bankruptcy, and shutting down poor performing stores to try to downsize their way back to profitability.
I just came across the clip above, which goes through this article from Bloomberg (Nov. 2017) really we written and with great graphics to explain why the Retail Apocalypse is happening, and that it's probably just getting started. Check it out if you're interested.
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