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This is a preview of a research report from Business Insider Intelligence, Business Insider’s premium research service. To learn more about Business Insider Intelligence, click here. Current subscribers can read the report here. If we’re living through a “retail apocalypse” that spells doom for brick-and-mortar retail, as many have suggested, why are e-commerce leaders like Amazon, […]
Getty/Scott Olson Several big traditional retailers had a rough January. Sears Holdings, Bon-Ton Stores, Stein Mart, and Nine West Holdings all have recently made moves that show financial desperation. Sears Holdings, which has been on a highly effective hedge-fund-manager-designed program of cost-cutting itself to death, announced today that it obtained another $ 100-million loan from JPP, LLC […]
Trouva, an online marketplace that serves as home for offline boutiques, has raised $ 10 million in a series A round of funding led by BGF Ventures, with participation from Index Ventures and Octopus Investments, among other return investors. Founded out of London initially as Streethub, Trouva launched in 2015 as a centralized hub for […]
WikiMedia Commons The death spiral of traditional brick-and-mortar stores is having a ripple effect throughout the retail industry. Pressure points underpinning the retail industry, such as the rise of e-commerce, have pushed some companies to the brink of bankruptcy. Others have responded by shutting down stores and laying off workers. As reported by Business Insider’s Hayley Peterson on […]
Thomson Reuters As the “Retail Apocalypse” has cast a dark shadow over America’s storefronts, it seems that Walmart is emerging as the big winner in the fight for the remaining share of America’s brick-and-mortar retail market. In a note to clients sent out on April 7, Telsey Advisory Group Analyst Joseph Feldman says that Walmart is […]
Mario Tama/Getty Images The environment for brick-and-mortar stores is abysmal. The rise of e-commerce and titanic shifts in how shoppers spend their money has hit malls and stores hard. Visits to malls declined by 50% between 2010 and 2013, according to the real-estate research firm Cushman & Wakefield. Amazon in contrast has continued to eat up […]
BI Intelligence Digital is dismantling the retail industry brick by brick. The most successful retailers are the ones with thriving digital businesses, while physical stores are becoming more liabilities than assets. However, e-commerce isn’t without its challenges. In contrast to waning demand for in-store retail, rising demand for online retail has created a bottleneck at […]
BI Intelligence Digital is dismantling the retail industry brick by brick. The most successful retailers are the ones with thriving digital businesses, while physical stores are becoming more liabilities than assets. However, e-commerce isn’t without its challenges. In contrast to waning demand for in-store retail, rising demand for online retail has created a bottleneck at […]
