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8 Reasons Why Blockbuster Failed & Filed for Bankruptcy

Indigo 9 Digital

By Tricia McKinnon Before the advent of streaming Blockbuster was a popular video rental store where customers could rent their favourite movies on VHS tapes or DVDs and watch them at home. At the time Blockbuster could have afforded the purchase price since it had raised $465 million in an IPO a year earlier.

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The Buzz About Bees: It’s a Sticky Situation

Rangeme

In 2006 it was first reported that there were problems afoot with Colony Collapse Disorder (CCD), through which adult honeybees were disappearing. that it just added two new beehives, home to 30,000 honeybees, near the company’s seven-acre pollinator-friendly solar field at its corporate headquarters in Carlisle, PA.

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

Indigo 9 Digital

By Tricia McKinnon Did you know that at one time Sears was the largest retailer in the world? But at some point there is a tipping point when a company fails on so many fronts it’s impossible to get back up. That insight was the impetus for Sears’, at one time, immensely popular, catalog. That was back in 1969.

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eCommerce and its Profitability Issue. Why its So Hard to Make Money

Indigo 9 Digital

When you shift activities consumers used to complete on their own to a retailer, someone has to pay for it. A study by the Capgemini Institute found that on average retailers charge their customers just 80% of the cost of delivering goods. Take mattress retailer Casper. By Tricia McKinnon eCommerce is expensive.

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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

Retail is littered with stories like this one, about companies that were once at the top but are no longer relevant. It was easy for Forever 21 to capture the hearts and minds of young consumers looking for trendy apparel. At the time it filed for bankruptcy Forever 21 was one of the largest mall tenants in the United States.

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Dove’s Marketing Strategy, 5 Keys to its Success

Indigo 9 Digital

It is one of the most popular brands with Gen Z consumers. How has Dove been able to stay relevant in an industry with a discerning set of consumers? When it comes to its reason for being, Dove likes to colour outside of the lines to connect more deeply with consumers. Redefining what it means to be a skincare and beauty brand.

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The Top 15 Ways to Find New Customers in Retail

Indigo 9 Digital

At the end of the day the criteria for success is rather simple. Menswear direct to consumer brand UNTUCKit realized this when it first tried to figure out how to acquire its first set of customers. The exposure can also come at a cheaper price. But look around, if Nike or McDonald’s can acquire a large customer base so can you.