Soon Sears will be history J.C. Penney is all but spent. Even mighty Hudson Bay Sells their building and pays rent.
Here at Macy's flagship store Friday was black indeed. They couldn't process payments at close to normal speed.
Jeff Bezos is a billionaire. Brown boxes flood the mail Clicks beat Bricks is the news at six Is it lights out for retail?
He started out by selling books; lost cash on every sale. Barnes and Noble bled a ghostly white. His competitors turned tail.
Competition is the rule All change comes through disruption. As catalogs give way to clicks some stores need extreme unction.
Hudson Bay sold and leased back their NYC flagship building. Macys these days is eyed for its real estate, not its retailing success. Sears and J.C. Penney may close their doors in 2018. Only Walmart appears able to adapt to the new paradigm although it too has a target on its back. Extreme unction was the former name of the sacrament administered to the dying.