Last Wednesday Shopko, a general merchandise retailer with 333 stores, filed for chapter 11 bankruptcy. On January 17th, SGB Media published an article on Shopko and the filing by Thomas J. Ryan with the title, “Shopko Becomes Latest Casualty Of Online Disruption.”
I took umbrage at the suggestion that online disruption was the primary cause of the filing. It’s not that there wasn’t any online disruption. Every retailer is dealing with some online disruption and how they manage it will determine if they survive.