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8 Reasons Why Blockbuster Failed & Filed for Bankruptcy

Indigo 9 Digital

It’s not unlike Amazon’s entrance into the eCommerce market in the 90s. While Netflix was able to eat its own lunch by launching a small streaming service in 2007 which would eventually displace its video rental business Blockbuster was unable to pivot fast enough again into streaming, essentially sealing its fate. “My Poor execution.

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

Indigo 9 Digital

Walmart saw a future in discount retailing and aggressively went after that market chipping away over time at consumers that once would have shopped at Sears. Most mid-priced retailers like Sears or JCPenney or Gap are struggling not just because of poor assortments but due to consumer economics. billion and $32.6

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5 of the Best Ways DTC Brands Get New Customers

Indigo 9 Digital

This is because the vast majority of retail sales still happen in stores with online sales representing only 14.6% of retail sales in 2022 in the United States. Consumers like to touch and feel products and let’s be honest returning online orders can be a hassle. Explore unconventional and creative marketing.

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6 of the Best Ways to Retain Customers in Retail

Indigo 9 Digital

Think about your favourite retailer. Apple is the largest company in the world with a market capitalization of over a trillion dollars. If you return an item before you even have think about it you receive an email saying your refund has been processed. Market research doesn’t help. Sell great products.