Focused On Retail Digital Signage? Read This, Pour Stiff Drink

May 14, 2016 by Dave Haynes

storeclosing

If one of your key verticals for digital signage hardware, software or services is retail, you already know the sales cycle is long and that it can be very hard to get prospective customers to take that last step and cut purchase orders.

You’ll also have a sense many bricks and mortar retailers are struggling. This list, from the Toronto-area firm Virtual Logistics, takes a sobering look at the retail banners that either shut down or went through some serious pain last year.

THE LIST OF RETAILERS THAT WENT UNDER* IN 2015

THE LIST OF RETAILERS WITH MASS BRICKS-AND-MORTAR CLOSURES** IN 2015

*Bankruptcies [Chapter 9 & 11] or administration [UK], complete rebrandings, or mass store closures in Canada, the USA

**Abandoned a significant percentage of their store holdings, with or without investing in solely digital channels

photo credit: Toronto, 2000 via photopin (license)

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