The story of retail since 2010 has revolved in many ways around decline. Household names have dropped like flies over the last 10 years, with Blockbuster and J.C. Penney bookending the list of major bankruptcies during the period.
Department stores have faced a major reckoning, the apparel category continues to suffer and the rise of e-commerce has reshaped the way retailers do business. Store closures have also been prevalent throughout the time period, and the coronavirus pandemic has only accelerated those as retailers face unprecedented financial challenges.
As a new decade begins, shaped by the global health crisis, Retail Dive took a look back at some of the trends that have impacted apparel, venture capital and financialization over the years, and what it means for the future.
