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The Great Retail Apocalypse of 2017

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“From rural strip-malls to Manhattan’s avenues, it has been a disastrous two years for retail.There have been 9 retail bankruptcies in 2017—as many as all of 2016. J.C. Penney, RadioShack, Macy’s & Sears have each closed more than 100 stores. Sports Authority has liquidated;Payless has filed for bankruptcy . Yet,  GDP has been growing for eight straight and the last 18 months have been quietly excellent years for wage growth , particularly for middle- and lower-income folks. So, what the heck is going on? Several trends—including the rise of e-commerce, the over-supply of malls, and the surprising effects of a restaurant renaissance—have changed American shopping. What’s more, mobile shopping, once an agonizing experience of typing private credit-card digits in between pop-up ads, is getting easier thanks to apps and mobile wallets'

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Susan Lee Schwartz Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)
 

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