Retail’s Not Dead – But it is Facing a Reckoning
As major big-box retailers like Sears and JC Penney have been struggling to make ends meet, retail analysts have been forecasting a gloomy future for brick and mortar stores. The “retail apocalypse” has been a buzzword in 2017, as many more stores are facing bankruptcy amidst hemorrhaging sales, partially due to Amazon’s eclipse of the retail market.