The End of Big Corporate America as we know it – Department Stores

The crisis will change the structure of the US Economy forever and Big Corporate America as we know it is over.
Historical changes to adapt to the new reality are required. Who is going to be up to the task?

Neiman Marcus is going bankrupt.
Famous brands like Macy’s and JC Penny are uncertain if they are going to survive.

In this video, we analyze:
1. The default of Neiman Marcus.
2. The long agony of department stores over the last years
3. The causes of this structural weakness of this industry
4. The possible solutions for the future

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