There was a time when you could walk into a Sharper Image store and fiddle with an assortment of high-tech gadgets. Alas, the company’s bankruptcy relegated the brand to catalog and website form.
Likewise, many retailers are currently struggling to maintain their physical presence.
Some retailers will adapt. Others will simply fade into oblivion, unable to withstand the crucible of online competition.
We have more to worry about than just bankrupt retailers, though.
Store closings and consolidations are curtailing demand for retail space far and wide.
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