Overleveraged, Poorly Merchandised Stores Will Continue to Disappear in Retail's Accelerating Evolution, According to November ABI Journal Article
November 16, 2017
November 16, 2017
ALEXANDRIA, Va., Nov. 16 -- The American Bankruptcy Institute Journal issued the following news release:
Retail bankruptcies to date have largely been the result of the changes in the retail industry and evolution of customer preferences, high-risk LBO structures and terrible store merchandising, according to an article in the November ABI Journal. "People now want retail to be fun and offer a variety of experiences beyond just shopping," J. Michael Issa of GlassRatner Adv . . .
Retail bankruptcies to date have largely been the result of the changes in the retail industry and evolution of customer preferences, high-risk LBO structures and terrible store merchandising, according to an article in the November ABI Journal. "People now want retail to be fun and offer a variety of experiences beyond just shopping," J. Michael Issa of GlassRatner Adv . . .