#Retail apocalypse

Author: Sinéad Baker / Source: INSIDER More store closings have been announced already this year than in all of 2018, according to new research. A report from Coresight Research found the retail apocalypse to be continuing, with 5,994 store closings announced in the US this year compared with

The retail industry has been obliterated by e-commerce leaving vast vacancies in malls across the country. Once prominent brick-and-mortar retail chains such as Toys R Us have been driven out of business. Nike is determined to not go extinct in the same fashion as the previous retail dinosaurs.

When Toys “R” Us filed for Chapter 11 in September, capping an unexpectedly sharp collapse for a company whose bonds mere months earlier were trading just shy of par, the prevailing consensus was that once the company's balance sheet is restructured, it would continue its existence without

Authored by Michael Snyder via The Economic Collapse blog, Did you know that the number of retail store closings in 2017 has already tripled the number from all of 2016? Last year, a total of 2,056 store locations were closed down, but this year more than 6,700 stores have been shut down so

While everyone likes to point the finger at Amazon, the growing retail apocalypse in America can't be tied to just one catalyst.  Certainly, there is no doubt that Amazon is taking a toll on brick-and-mortar retailers but massive excess capacity, perpetually over-levered capital structures and a