The retail industry is one of the worst performing industries in recent years. Hundreds of retail companies have gone bankrupt some almost overnight. A variety of factors are attributed to the retail apocalypse with Amazon being the prime reason. However blaming Amazon(AMZN) for all failures is an easy way out. Real reasons such as moronic business plans, management in-competencies, etc. are rarely mentioned.
The following is a neat infographic showing the timeline of recent retail bankruptcies:
Click to enlarge
Source: Here’s A List Of 40 Bankruptcies In The Retail Apocalypse And Why They Failed, CB Insights
Hat Tip: FT Alphaville
