Question: Please write your own words The stay-at-home guidelines that started in mid-March 2020 shifted the retail landscape substantially. Prominent retailers filed for bankruptcy in mid

Please write your own words

The stay-at-home guidelines that started in mid-March 2020 shifted the retail landscape substantially. Prominent retailers filed for bankruptcy in mid 2020, with J. Crew and Neiman Marcus being the first to file. This trend has unfortunately continued. For example, in March 2021, the company Paper Source filed for bankruptcy. You may not even have heard of it, it is a boutique store that sells gift cards and stationery, but many small companies like it are going under, radically reshaping the retail landscape.

Stores that were better at online have thrived, with Target and Walmart actually doing better than Amazon.

Please read the three linked articles. Then answer the following questions:

What does Chapter 11 mean for J. Crew and Neiman Marcus?
Is the shift to online shopping a permanent one?
Does the change to online also track with other trends in workplace automation?

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