In 1977, unitary franchised stores owned by local pharmacists lost to discount chains who did block purchasing.
In 2021, Fry’s Electronics went out of business because it didn’t innovate its online operations as rapidly compared to rivals such as Best Buy.
Kmart was not willing to invest in online infrastructure or e-commerce. This misstep led to its demise in 2002.
In 1987, engaged in fraud, over-reported profits, inflated inventory, duped auditors, and had aggressive sales tactics.
In 2018, Sears failed to capitalize on the internet; plummeting sales made it impossible to finance necessary store upgrades.