Why so many retailers are liquidating and not restructuring

Started by retailisking, January 27, 2017, 01:03:21 PM

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retailisking

January 27, 2017, 01:03:21 PM Last Edit: January 27, 2017, 03:25:59 PM by retailisking
Great article on why so many struggling stores can't escape Chapter 11 as a going concern
http://www.retaildive.com/news/why-do-so-many-chapter-11-retailers-end-up-liquidating/434663/

Pikapower

#1
April 07, 2017, 06:26:37 PM
Quote from: retailisking on January 27, 2017, 01:03:21 PM
Great article on why so many struggling stores can't escape Chapter 11 as a going concern
http://www.retaildive.com/news/why-do-so-many-chapter-11-retailers-end-up-liquidating/434663/

I blame the internet with more people shopping online as oppose to driving to an actual store to shop hence why malls are dying.
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retailisking

#2
April 07, 2017, 07:16:27 PM
That's absolutely a factor. The regulatory climate overwhelmingly favors e-commerce over bricks-and-mortar retail as well. Amazon only started charging sales tax in all states earlier this month, years after they became firmly established everywhere.
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