Sears was the largest retailer (measured by revenue) in the United States until the 1990s. In 2018,
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Sears was the largest retailer (measured by revenue) in the United States until the 1990s. In 2018, Sears filed for bankruptcy. Using each of the five forces, analyze the competitive pressures facing the department store over the past few decades that eroded its long-term profitability.
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1 Threat of new entrants The threat of new entrants in the retail industry has always been significant Over the past few decades numerous new competitors including discount retailers online marketplac...View the full answer
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