Friday, December 28, 2012

2013 is Do or Die for 4 large retailers

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Best Buy, J.C. Penny, Radio Shack, and Sears, all heve their work cut out for them in 2013:
While 2013 will be a tough year for retailers due to the tepid economic recovery, a few in particular face a critical 12 months. Their experiences highlight the challenges facing store chains, from increasingly cautious consumers to fierce online competition. 
These unlucky retailers are going into the New Year with extra woes: slipping sales, questionable strategies and tight finances—which is why they are the ones to watch, and not in a good way.
Read the whole article HERE and the related Video Below:
 

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1 comment:

newark hawk said...

"2013 will be a tough year for retailers due to the TEPID ECONOMIC RECOVERY."

You would never know that from listening to the news reports of CBS, NBC, ABC & CNN before the election.

They all pretended that the recovery was moving along just fine.

No wonder Obama won.