Title: Which Stores are Going Out of Business in 2019 and Why? - South Florida Reporter
Headings: Which Stores are Going Out of Business in 2019 and Why?
Which Stores are Going Out of Business in 2019 and Why?
Changing Tastes Determine Which Stores are Going Out of Business
Other Factors in the Retail Apocalypse
Small Retail Retrenches
When You’re Not the CEO
Who We Are

Content: Merged with Kmart, the new Sears Holdings Company was supposed to be a super retailer that would carve out a niche between Wal-Mart, Target, and Amazon. Instead, under the new management, Sears began cutting costs to improve profits, buying back stock boosted the share price, and spinning off and selling the profitable parts of the corporation such as Land’s End and Craftsman Tools. In short, Eddie Lampert owned the company, ran the company, was the company’s biggest creditor, and purchased many of the assets formerly owned by the company. Now his hedge fund has purchased the shattered shell of Sears out of bankruptcy, though the lawsuits are still flying thick and fast. Look up “ self-dealing .” Small Retail Retrenches
Small retail – from mom-and-pop stores to local chains – doesn’t have the mass of sales that larger chains testing, but they have a core local audience for items and services that are not available from larger businesses. Small retail was the first to take advantage of venues such as Etsy.com, eBay, and e-commerce platforms such as Magneto and Shopify. Without high debt loads, demanding investors, and private equity, smaller retailers are healthy and thriving where larger chains have failed. When You’re Not the CEO
The protection of bankruptcy is not just for the company, but for regular people, too. Nobody knows which stores are going out of business next.