Question
In this recent MoneyWise article, These Chains Are Closing the Most Stores in 2020, a number of brick and mortar retail chains are closing stores
In this recent MoneyWise article, "These Chains Are Closing the Most Stores in 2020", a number of brick and mortar retail chains are closing stores in 2020.Click here to readthe article: https://moneywise.com/a/chains-closing-the-most-stores-in-2020(Links to an external site.)
While in some cases retailer's closings may be the result of mergers and acquisitions, the retailers in the article have been closing locations primarily because of declining sales.
After reviewing our lecture this week and reading the article, please answer the following questions for this week's discussion:
- What do these 28 retailers have in common and what, in general, can they do "better" to survive?
- Pick 2 retailerson the list thatyou feel will not be around in two years and explain your thoughts.
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