- Collapse in demand (e.g. Borders bookstores) At times, the demand decreases sharply and hence causes trouble for the company. Borders was a leading bookstore in US for a few decades but it shut down in 2011. Some of the reasons for this were – as the world was moving towards e-books, it didn’t do much. It used to sell e-books for devices like Kobo and Cruz which were not even popular. It opened too many stores across the country without realising that it was time when people were shifting to e-books. It already had a huge debt and recession of 2008-09 worsen the situation. Eventually, Borders had to shut down in 2011. - Consolidation (examples) An example of consolidation can be Toys R Us and Babies R Us into a smaller single store at Eagle …show more content…
First is online clothing stores and second is Brick and Mortar clothing stores. Fashion retailing in the modern world consists of two primary classifications of clothing stores. Some of the most popular Brick and Mortar Stores in US are: • TJ Maxx It was established in 1976. It emphasizes ion high inventories and low prices. It’s popular due to its diverse range of clothing and accessories. In 2014, it made around $27 billion. • H&M It was established in 1947. It has about 305 stores in US, almost all of which experience high profits. In 2041, it made around $23 billion. • Macy’s It was established in 1858. It still remains one of the leading stores in mid-range apparel and home accessories. In 2014, it made around $27.93 billion. • …show more content…
It had revenue of over $7 billion in 2013 • Publix It was started in 1930. It has over 1100 stores in US. It has been spending a lot of money to buy, build and remodel shopping centres, which gives it an over the other supermarket chains. • Trader Joe's It was started in 1958. With over 450 stores in US, it is the market leader in fresh groceries. - Department stores Some of the major department stores in USA are – Barneys Bealls, Belk, Bloomindale’s and Macy’s. David Jones, Harris Scarfe, Myer in Australia. Some of the Brick and Mortar department stores which have shut down in the past few years are Figgins Diorama, Buckley & Nunn among many others. - Pharmaceutical (ref - http://www.pharmacytimes.com/news/patients-happier-with-brick-and-mortar-pharmacies) Patients prefer to use Brick and Store pharmacy for getting a refill. They are considered better in terms of cost too. Some of the major players are - Good Neighbor, Health Mart and The Medicine