Supply Chain Radio

Why More and More Retailers are Filing for Bankruptcy

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Synopsis

American Apparel is going bankrupt, and other retailers are likely to follow. What made this iconic brand become obsolete? There are a variety of reasons, but major blame is due to their inability to compete with fast fashion brands like Zara & H&M who are cannibalizing market share from most traditional retailers. Is there any way to flourish amidst the fast fashion brands? Find out in this podcast.