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Public Engagement in Experiential Futures

Retail meltdown

Several retail bankruptcies in 2017 show the signs of a retail meltdown taking place. Retail giants like Macy’s, Sears and J.C Penny in the US have shut down stores, with Canada starting to experience some of those ripple effects. This retail meltdown has been attributed to the rise of online retail powerhouses like Amazon, a behavioural shift towards more experiential retail, and an overall oversupply of malls failing to meet actual customer demand.

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