Category Archives: Brick-and-Mortar Retailers

To Be The Worst Retail Apocalypse In U.S. History – More Than 300 Retailers Have Already Filed For Bankruptcy

To Be The Worst Retail Apocalypse In U.S. History – More Than 300 Retailers Have Already Filed For Bankruptcy http://theeconomiccollapseblog.com/archives/2017-is-going-to-be-the-worst-retail-apocalypse-in-u-s-history-more-than-300-retailers-have-already-filed-for-bankruptcy Re-posted from The Economic Collapse Blog. Geoff Geoff Comment: We have been warning about the impending collapse of bricks & … Continue reading

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Saks parent Hudson’s Bay to lay off about 2,000 workers

Saks parent Hudson’s Bay to lay off about 2,000 workers – MarketWatch http://www.marketwatch.com/story/saks-parent-hudsons-bay-to-lay-off-about-2000-workers-2017-06-08?siteid=rss&rss=1 Re-posted from Market Watch. Geoff Geoff Comments: Yes, it is clear that bricks & mortar retailers have experienced a dramatic loss of sales and are hemorrhaging customers. … Continue reading

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Retail Wreck? Over 1,000 Stores Close in a Single Week

Retail Wreck? Over 1,000 Stores Close in a Single Week – NBC News http://www.nbcnews.com/business/consumer/retail-wreck-over-1-000-stores-close-single-week-n767556 Re-posted from NBC News. Geoff Geoff Comments: Malls and bricks & mortar retailers face a relentless combination of increased competition from Amazon, increased cost of overhead, … Continue reading

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Up to 25% of U.S. shopping malls may close in the next five years

Up to 25% of U.S. shopping malls may close in the next five years, report says – LA Times http://www.latimes.com/business/la-fi-malls-closing-20170531-story.html Re-posted from LATimes. Geoff Geoff Comments: The death of the Malls has been in the cards since the economic impact … Continue reading

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Stressed retailers like J. Crew and Neiman Marcus are doing something unusual to manage debt

Stressed retailers like J. Crew and Neiman Marcus are doing something unusual to manage debt – MarketWatch http://www.marketwatch.com/story/stressed-retailers-like-j-crew-are-doing-something-unusual-to-manage-debt-2017-06-01?siteid=rss&rss=1 Re-posted from Market Watch. Geoff Geoff Comments: The same story, different segment of the economy, when enterprises are threatened, lenders become “partners” … Continue reading

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Retailers have eliminated 55,910 jobs so far this year — here’s the full list

Retailers have eliminated 55,910 jobs so far this year — here’s the full list http://www.businessinsider.com/these-are-the-retailers-that-have-cut-the-most-jobs-this-year-2017-6?utm_source=feedburner&amp%3Butm_medium=referral&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29 Re-posted from Business Insider. Geoff

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Cost of Target’s Data Breach Nearing $300 Million

Cost of Target’s Data Breach Nearing $300 Million http://www.breitbart.com/tech/2017/05/28/cost-targets-data-breach-nearing-300-million/ Re-posted from Breitbart. Geoff Geoff Comments: Failing to guard against you customer’s information being stole is a serious offense, and may result in Target’s demise.  However, the threat has been known … Continue reading

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These Eleven Retailers Will File For Bankruptcy Next, According To Fitch

These Eleven Retailers Will File For Bankruptcy Next, According To Fitch | Zero Hedge http://www.zerohedge.com/news/2017-05-20/these-eleven-retailers-will-file-bankruptcy-next-according-fitch Re-posted from Zero Hedge. Geoff Geoff Comments: We’ve known this was coming for, literally, years…

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I’m in Awe of How Fast Brick-and-Mortar Retail is Melting Down

I’m in Awe of How Fast Brick-and-Mortar Retail is Melting Down | Wolf Street http://wolfstreet.com/2017/04/24/brick-and-mortar-retail-bankruptcies-2017/ Re-posted from Wolf Street. Geoff

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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 | Zero Hedge http://www.zerohedge.com/news/2017-04-22/retail-bubble-has-now-burst-record-8640-stores-are-closing-2017 Re-posted from Zero Hedge. Geoff

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