This was the headline:
Link here.
Here are the key points:
- In the last decade, numerous retail chains have filed for bankruptcy protection twice.
- Examples include Barneys New York, RadioShack, Wet Seal and American Apparel.
- It’s a scenario that’s getting more common for traditional retailers as they find themselves under pressure from a sea change in where and how people are shopping.
Not.
Radio Shack was on the list. Seriously? I did not even know Radio Shack was still in business.
First one on the list: Fairway Market. It must be a New York thing. Our grocery stores in Texas are doing great.
Second, Payless ShoeSource. Seriously? Too many people buying their shoes on line? I don't "buy" it; no pun intended.
Third, Barney's New York -- back to New York.
Fourth, Gymboree. I'm going to quit. If these are the companies CNBC is using as examples of how "bad" Amazon is, I'm not convinced.
Click bait.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.