Reinventing The StoreMary Kuntz
A moment of silence, please, for those fallen on retailing's battlefield. A drumroll, perhaps, for the list of Chapter 11 casualties, lengthened in just the past few months with the names of Caldor, Bradlees, Jamesway, Edison Brothers Stores, and Hastings Group. With the critical Christmas season just getting under way, merchants from discount chains to specialty apparel stores are already reporting some of the bleakest sales figures in years. Retail sales sank 0.2% in October after a dismal 0.1% rise in September. The doleful roll call is certain to grow longer still.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.