Retail Stores Are Dying and We Should Let Them
by Dwyer Gunn, Pacific Stand
April 26, 2017
Last week, the discount shoe retailer Payless Shoe Source filed for Chapter 11 bankruptcy and announced it will close 400 brick-and-mortar stores throughout the United States and Puerto Rico. The announcement comes on the heels of a seemingly unending parade of bad news from traditional retailers in recent months. So far this year, Macy’s, J.C. Penney, and BCBG, among others, have all announced significant store closures.
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