Toys ‘R’ Us Didn’t Have to Die
Retailing seems to be dying in US irrespective of the company:<p><a href="https:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;articles&#x2F;2018-04-17&#x2F;retail-store-closures-in-u-s-set-for-record" rel="nofollow">https:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;articles&#x2F;2018-04-17&#x2F;retail-st...</a><p>Couple of years ago, one of my friends bought a store at a strip mall. The store was making a loss. And the previously owners were an elderly couple. So my friends thesis was that they weren&#x27;t exactly tuned into the digital presence business and it was still entirely possible to run a store in US.<p>Two years later footfall in the mall has decreased a lot. And in spite of the digital strategy etc my friend&#x27;s store hasn&#x27;t worked well.  Now he is not only in debt but he is also trying to sell the store. But there are no buyers.