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The famous name stores that could disappear in the next 10 years

The crisis of the brick-and-mortar business
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Yoshio Tsunoda/AFLO/PA

The crisis of the brick-and-mortar business

All around the globe the brick-and-mortar business is in crisis as online competition has taken over the retail market. So far in 2019 more than 7,000 stores had to close in the US alone. But it’s not only the likes of Amazon’s fault that large chains and venerable department stores have had to file for bankruptcy. In many cases changing consumer behaviour and expensive buyouts have contributed to the downturn. Here we take a look at big-name stores that could soon be history.

lovemoney staff

16 October 2019

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