Description
Over the last few years, retailers have grappled with challenges like a pandemic, supply chain issues, online competition, shifting consumer preferences, high operational costs, outdated business models, and economic downturns, leading many to reconsider their strategies or face potential bankruptcy.Using Google, search for retailer bankruptcies in the news. Click the “news” icon. After you get results, click “tools,” “recent,” and then “past year.”Find a news article (published within the last 12 months) from a reputable news source that talks about a retailer that failed or may file for bankruptcy. Investigate the primary causes behind their downfall, considering market trends, consumer behaviors, and internal missteps. Present a brief analysis. Include the article link.
