How to Learn From These Failing Retailers

VICTORIA SCHMID | April 15, 2019

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For years, the retail industry has been plagued by high-profile store closures, like Sports Authority, Payless, and Toys“R”Us. These retail chains buckled under economic pressure, but brick-and-mortar stores aren’t necessarily doomed if they can embrace the retail renaissance.Research from Deloitte indicates that as Americans spend less, it most affects retailers in the middle — those somewhere between discount store and luxury brand. But what can your company do to avoid financial disaster that big businesses didn’t?Let’s look at what we can learn from three retail stores that couldn’t cut it, and conversely businesses currently finding success.

Spotlight

Talabat

Founded in 2004 by a small group of entrepreneurs in Kuwait, Talabat’s success expanded to the rest of the GCC region & Jordan, making it the largest and most popular food ordering app in the region, connecting users to restaurants that cater to all taste buds.

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Spotlight

Talabat

Founded in 2004 by a small group of entrepreneurs in Kuwait, Talabat’s success expanded to the rest of the GCC region & Jordan, making it the largest and most popular food ordering app in the region, connecting users to restaurants that cater to all taste buds.

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