Fashion giant files for Chapter 7 bankruptcy to liquidate
The struggling retailer was having issues due to a major scandal.
Many of us are used to walking into a retail store and purchasing clothing on the spot. Sometimes, if we're not feeling lazy, we'll even try it on first.
In recent years, more consumers have turned to online shopping as a preferable alternative to shopping in stores. Why drag yourself into a department store or through a mall when you can point and click your way to a new wardrobe?
