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The Downfall of Sears, 5 Reasons Why it’s Struggling to Survive

Indigo 9 Digital

According to The Pay Scale Index : “since 2006, wages have risen 16% overall in the U.S. In other words, the income for a typical worker today buys them less than it did in 2006.” Consumers have less money to buy many of the items retailers sell. But when you factor in inflation, “real wages” have actually fallen 9%.

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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

Now popular online fashion retailers began to popup with ASOS launching in 2000, Boohoo and Fashion Nova launching in 2006 and Shein launching in 2008. One defining characteristic of these online retailers is that they are fast to market, so fast they are called ultra fast fashion retailers. Do you like this content?