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USA Today has a story about a new study from Coresight Research saying that there is “no light at the end of the tunnel” for the nation’s bricks-and-mortar stores, with closure announcements this year already exceeding that of last year.

According to the story, “Six weeks into 2019, U.S. retailers have announced 2,187 closings, up 23 percent compared to last year. Those closings include 749 Gymboree stores, 251 Shopko stores and 94 Charlotte Russe locations … Bankruptcies also are continuing at a rapid pace ‘with the number of filings in the first six weeks of 2019 already at one-third of last year’s total,’ the report states.”

Factors cited in the closings and bankruptcies include “online retail growth, flat and declining sale and rising interest rates.”

There's "potentially many more (closings) on the way due to companies currently in the bankruptcy process and more on the horizon," the report states.
KC's View:
This shouldn’t be a surprise to anyone.

But let’s be clear. For the most part, the stores are that going to close and the companies that are going to go bankrupt are the ones that have been undifferentiated, that have not created a compelling shopping experience, that have not invested in business models that connect with shopper needs and desires in visceral ways that transcend what online retailers can offer.

Such companies have no constitutionally guaranteed right to survive. Their complacency has only guaranteed the inevitability of their demise.