6 Retailers That Collapsed in the Last Decade

RICH DUPREY | January 1, 2020

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As 2009 came to a close, we were still surveying the wreckage of the financial markets' collapse and the worst economic recession the U.S. suffered since the Great Depression. While many industries were shaken, it was really only the beginning of the carnage that would spread across retail, a malaise that in many ways continues today. Certainly the financial underpinnings of the market hurt the industry, but the rise of e-commerce to assume an essential role in how consumers shop would forever change the retail landscape. Below are six of the most notable retail failures that occurred over the last decade. Because of the ubiquity of streaming video today, it seems hard to believe that 10 years ago, it was still possible to walk into a Blockbuster store and rent a movie on DVD. But the video rental chain was by that point creaking along to its demise as Netflix flourished.

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GAIN Credit is the new name for Global Analytics. The name change took effect across our group of companies worldwide. Global Analytics India Pvt Ltd will keep its name and will remain a subsidiary of GAIN Credit, Inc.

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