‘Retail apocalypse’ continues: Gap, Family Dollar, thousands of other stores will close this year
submitted 4 years ago by dcjogger from (nola.com)
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[–]ducksworth 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 4 years ago (0 children)
To be fair here, a lot of the names on the list are old-line retailers that still imagine they have a middle-class customer base (Macy's,) have been in trouble for a long, long time (Payless,Sears, GAP,) or have simply expanded far too quickly ("Dollar" stores.)
All it would have taken would have been an economy with a cold to push them off the edge. The current situation we have has booted them off instead.
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[–]ducksworth 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)