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.
