While we may express perceived schadenfreude at a woke business in doldrums, it is clear that their failing is more a wider phenomenon of bricks and mortar places shuttering.
Keeping these huge stores open with inventory sitting there for display costs money.
And people will choose cheaper online shopping options.
That’s why bestbuy, bookstores etc are failing.
I went into BestBuy before Christmas to pick up some SATA III SSD drives on sale. Faster than Amazon because I was going to be in Idaho Falls on the sale date. For those most part, I order from Amazon and wait since it is a 100 mile round trip to Idaho Falls.
There are no good bookstores in Pocatello. Barnes and Noble is present in Idaho Falls. I've had a "membership" for years. It was a paying proposition in 2003. Now, the foreign language and computer science shelves carry less than 1% of what I have on my own home bookshelves. When I call that to the attention of the sales staff, they offer to "order it for me". No thanks. I can do that for myself at a lower price from Amazon and the goods are dropped on my doorstep instead of requiring a 100 mile round trip and a higher price.
In the 90s, the Kearny Mesa area of San Diego was full of small computer parts businesses. You could pick out a motherboard, CPU, RAM. The proprietor would stuff the board and do a POST on the bench to ensure it was a good install. Cut throat competition and excellent service. No longer. All of them are gone along with CompUSA and Fry's Electronics.
We had a couple good ham radio shops in San Diego. Gary Radio and Western Radio. Heathkit was in business too. Only Western Radio survives, but Ham Radio Outlet has an office. Nice...but 1000 miles away. All of my ham radio purchase come from online sales at Ham Radio Outlet or Gigaparts. The ham radio shops have dried up.