Monday, December 11, 2017

Retails Going Out of Business - Theresa Dvorocsik

http://money.cnn.com/2017/06/13/news/companies/retail-bankruptcies/index.html

More than 300 retailers have filed for bankruptcy so far this year, according to data from BankruptcyData.com. That's up 31% from the same time last year. Most of those filings were for small companies -- the proverbial Mom & Pop store with a single location. But there are also plenty of household names on the list. Most of these stores are suffering from the same thing: A shift away from traditional storefronts to online shopping.
This is very interesting. I have noticed this around Dallas. I wonder if this helps the economy or puts it in danger?

2 comments:

  1. It’s really interesting to see how the internet is affecting our world as we grow up, and I wonder how the end of net neutrality will affect online shopping and these business.

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