The last couple of years have been tough for retailers. Customers continue to turn to online shopping, store sales are declining, and many malls are losing long-time tenants. However, some retailers have decided not to go down without a fight. Instead of succumbing to the losses, they have chosen to revive their brands and enter a second act online.
Here are 15 failing stores that came back to life online.
1. Linens ‘n Things
Linens ‘n Things filed for bankruptcy in May 2008. The company struggled because of a downturn in the economy. As the housing market declined, banks became strict with lending, and consumers had less cash to spend, the home furnishings market took a hit. In 2009, Linens ‘n Things was revived and continued to conduct business on its website.
Next: This retailer was popular among technophiles.