Some Retailers Struggle, But Your Company Doesn’t Have To

Some Retailers Struggle, But Your Company Doesn’t Have To

It’s no secret that many brick and mortar retailers have been struggling lately. Some examples include:

  • Sears has had declining sales the past few quarters and now, in what the Wall Street Journal is calling a “bid for time,” the company has sold its Craftsman tool brand to Stanley Black & Decker for approximately $900 million.
  • Macy’s sales and shares have continually dropped, and have thus led the retailer to make many employee cuts numbering near 10,000. It is expected that their locations will continue to close.
  • Wet Seal filed for Chapter 11 bankruptcy again last week – the chain plans to close all stores since it was unable to find capital or a buyer in the past year.

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