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8 Reasons Why Blockbuster Failed & Filed for Bankruptcy

Indigo 9 Digital

Amazon provided a more convenient way to shop but it was difficult for many companies at that time to see the potential of eCommerce. If you didn’t return your movie rental on time you were charged a dollar a day. Poor execution. One of Blockbuster’s main sources of revenues were late fees. Do you like this content?

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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? During that time Sears was so dominant its sales represented 1% of the entire United States’ economy with two thirds of Americans shopping there. That was back in 1969. billion and $32.6 billion respectively. Do you like this content?

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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. While shopping online is convenient there is still a lot of friction in the shopping process. Reduce friction in the shopping process. Still not convinced?

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6 of the Best Ways to Retain Customers in Retail

Indigo 9 Digital

Consumers buy things from people and retailers they trust. That’s why you still shop at the mom and pop grocer across the street from your home. Think about your favourite retailer. Why do you choose to shop there year after year? Then towards the end of the decade in 2007 Apple launched the iPhone, then the iPad in 2010.