As a follow-up to my papercuts comments from the other day about how much it sucks to be a retailer, Ultimate Electronics has gone the way of Circuit City and has declared bankruptcy with several hundred million dollars of debt.

Rough times to be a retailer, I’d say.  The consolidation of the small guys into the big guys is almost complete.  What happens next will be even more interesting – can big box showrooms compete with the online juggernauts?  Stay tuned…

What other retailers out there are on the brink?


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