12 department stores that disappeared before the retail apocalypse even began to rage
|04/22/2019||Posted by BusinessMediaguide.Com under General World News||
- Keeping a department-store chain afloat can be tricky.
- Dozens of regional and national chains have collapsed over the years, even before the retail apocalypse got started.
- Check out these companies that have succumbed to changing tastes, the advent of shopping malls, poor business practices, and tough luck.
Retail can be a merciless business.
Take department stores, for instance. A quick scan of any list of defunct department-store chains reveals that it’s a business that doesn’t take kindly to mistakes — or even just plain old bad luck.
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