, Columnists
Retailers Foreshadow Tech Debt Carnage
Private equity brought its game to Silicon Valley.
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U.S. retailers are dropping like flies. And it's worth wondering whether the retail implosion could be a preview of potential pain for the technology industry.
This year has brought a surge of retailers that are closing stores, slashing jobs and filing for bankruptcy protection in record numbers. The boom of online shopping and a glut of stores are common factors for the retail carnage.