The stay-at-home guidelines that started in mid-March 2020 have shifted the retail landscape substantially. Prominent retailers filed for bankruptcy in mid 2020, withJ. Crewand Neiman Marcusbeing the...

The stay-at-home guidelines that started in mid-March 2020 have shifted the retail landscape substantially. Prominent retailers filed for bankruptcy in mid 2020, withJ. Crew
and Neiman Marcusbeing the first to file. This trend has unfortunately continued. For example, in March 2021, the companyPaper Sourcefiled 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 actuallydoing be
tter than Amazon.

Please read the three linked articles below. 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 withother trends in workplace automation?

https://www.gq.com/story/what-is-bankruptcy

https://www.usatoday.com/story/money/2021/03/02/paper-source-store-closings-bankruptcy-chapter-11/6890577002/

https://www.nytimes.com/interactive/2020/05/13/technology/online-shopping-buying-sales-coronavirus.html