HOW ZOMBIE RETAILERS ARE HOLDING BACK THE INDUSTRY

In The Daily Scoop by Accessories StaffLeave a Comment

Zombie retailers—companies that are living on the edge of bankruptcy—such as Sears Holding Corp., Payless Shoesource Inc. and J.Crew Group, Inc. are undermining the margins of healthier companies such as Macy’s Inc. by keeping significant amounts of uncompetitive, brick-and-mortar capacity alive while more traditional retailers struggle with their online competitors. Read more at Investopedia

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