When Charts Go Insane…

 | Sep 20, 2017 04:35AM ET

The retail massacre is well documented.

Most recently, on August 30, 2017, I said…

In the past, as long as your store enjoyed 1) a courteous staff, 2) competitive pricing and 3) a good location — all was well. But today? Those three metrics — standing alone — would put you out of business in six months. If not sooner. And on the heels of Amazon’s (NASDAQ:AMZN) acquisition of Whole Foods, investors are convinced that every retailer is in Amazon’s cross hairs.

Since a picture is worth a thousand words, I’d like to show you a chart that has gone absolutely insane!

Below, you can see the historic rash of bankruptcies being suffered by retailers.