Rexall
In 1977, unitary franchised stores owned by local pharmacists lost to discount chains who did block purchasing.
People’s Drug Store
Challenges with merchandising and customer service eventually led to acquisition by CVS in 1984.
Fry’s Electronics
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.
Circuit City
To save money they stopped paying commissions to salespeople in 2009.
Kmart
Kmart was not willing to invest in online infrastructure or e-commerce. This misstep led to its demise in 2002.
Crazy Eddie
In 1987, engaged in fraud, over-reported profits, inflated inventory, duped auditors, and had aggressive sales tactics.
Sears
In 2018, Sears failed to capitalize on the internet; plummeting sales made it impossible to finance necessary store upgrades.
Radio Shack
In 2015, Radio Shack was too dependent on one product line: cellphones, which were 50% of its revenue. Once sales channels for cellphones shifted to wireless operators, Radio Shack's sales deteriorated significantly leading to their bankruptcy.
Toys R Us
In 2017, closed all 800 stores; didn’t bring experential experience to stores.