These Big Companies Run The Risk Of Bankruptcy In 2019
It isn’t rare for businesses to shut down. As we all know, companies come and go. Sometimes, this happens because people are no longer interested in their offerings. The rise of internet shopping has also rendered certain brick-and-mortar stores useless. In this day and age, one needs to adapt and adjust to stay relevant to their customers. Are you ready to find out which shops are shutting down? Keep your fingers crossed that you won’t find your favorites on this list.
J. Crew
This is a clothing retailer that has received the approval of Michelle Obama, the former FLOTUS. Sadly, this did not do anything about the fact that its sales have not been doing so well in the past couple of years. On top of that, the retailer had to shut down its bridal store and say goodbye to CEO Millard Drexler and creative director Jenna Lyons. According to the former, raising prices caused problems.
J. Crew