Technology retailer closing over 1,000 stores, no bankruptcy
One of the biggest problems a retailer can face is when a rival finds a way to bring customers their key product in a more convenient way. That's how Amazon drove Borders Books, Waldenbooks, and a number of smaller booksellers out of business. First, the online retailer simply delivered physical books to people's houses. Getting a book in the mail with just a few clicks online was nice, but the death knell for those retailers was when Amazon began delivering digital books. It took a few years for digital ...