No matter how you look at it, it’s a scary time for brick-and-mortar retail right now. Companies are closing, malls are emptying, and shoppers are leaving. It’s a trend driven by reliance on and preference for e-commerce. People are in love with the convenience of online consumerism.
In the first 4 months of 2017, 10 retailers have declared bankruptcy, one more than the number that filed in all of 2016.