Source: Fast Company Magazine On:
There are some commonalities among retail brands that are biting the dust.
Charlotte Russe, the fast fashion brand, is on its last thread. The company filed for bankruptcy and hasn’t found a buyer to rescue the business, so it’s now shutting down its 500 remaining retail stores. It’s another victim of the retail apocalypse, which has vanquished many of the well-known mall brands of the 1990s and early 2000s, including Radio Shack, David’s Bridal, and Wet Seal.