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

Indigo 9 Digital

Consumers were finally given a way to access merchandise at much lower prices than what was available from nearby merchants. Retail stores. Sears correctly calculated that with the introduction of cars rural consumers that were once dependent on the Sears catalogue would have more access to other retailers. A lack of focus.

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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?