Why is the Retail Apocalypse Playing Out Now? A Few Thoughts on Structural Changes
Through the first 90 days of 2017, nine retailers have filed for bankruptcy – as many as in all of 2016. Year-to-date Chapter 11 filings: BCBG Max Azria Eastern Outfitters Gordmans Stores Gander Mountain General Wireless Operations (formerly RadioShack) HHGregg Limited Stores Michigan Sporting Goods Distributors Wet Seal Additionally, J.C. Penney, RadioShack, Macy’s, and Sears…