Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

ongoing retail apocalypse

Grocery Wars

Why Haven’t More Retailers Gone Bankrupt?

Some observers even point to the lack of bankruptcies (or major bankruptcies) to cast doubt upon all the whole proposition of a retail apocalypse. These critics are mistaken; the lack of bankruptcies does not make the apocalypse fake news. The Dallas Morning News estimated that 5,377 chain store closings had been announced as of May 14, 2017.

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