Rife with empty storefronts and intractable rent demands, New York’s retail vacancy problems are bad and getting worse, and according to a recent piece at The Atlantic, those problems could soon start to play out in other cities across America, too.

According to a recent story from Vox, the ever-expanding sharing economy could set about a radical shift in how we obtain clothing in the near future. Tl/dr; people are gonna rent shit from each other instead of buying it.

According to Business Insider, Amazon is now offering a larger selection of department store staples like Calvin Klein and Tommy Hilfiger than any actual department stores.

As reported by Bloomberg, troubled retail giant Sears officially filed for Chapter 11 protections, in the face of mounting debt and long recovery odds.