Retail Dive, Daphne Howland; Retail Apocalypse, Schmapocalypse
Is the retail apocalypse real? Or is the industry just correcting for past mistakes? Many past mistakes. It’s convenient to blame the rise of ecommerce, but in actuality there are other forces at play (too many malls, being over-stored, bad real estate investments) causing the mass exodus of both store brands and brick-and-mortar locations. This week Daphne Howland, reporter for Retail Dive, joins Lee Peterson to discuss said apocalypse as well as the history and future of malls, the 800-pound gorilla Amazon, and the rise/fall of department stores.