Updates & Insights

< Back to the Blog

Building 19 and the Demise of the Big Box Store

by | Nov 19, 2013 | Articles

On November 4, 2013 Building 19 filed for bankruptcy protection.  For those unfamiliar with the company, it bought distressed property (damaged or overstock) and sold them in warehouses.  During the last quarter of the twentieth century their business was booming.  Then as internet shopping took over, the large stores became liabilities as people could shop for the same thing online and companies could ship from low rent warehouses vs. high rent large box stores.  Apparently, Building 19 did not make the transition and is now a victim of not changing with the times!

Subscribe to Receive Weekly Market Updates

Sign up to receive regular updates, including our weekly videos on the state of the market.

Speak with an Integral Wealth Advisor

No matter your life stage, our advisors are here to help you navigate your unique financial landscape. Schedule a call. We look forward to meeting you.

Schedule a Call with an Advisor Today

Disclaimer

 You are now leaving the official Colman Knight website and entering a third-party website. Colman Knight is not responsible for the content of third-party sites, nor does Colman Knight guarantee or endorse the information, recommendations, products or services offered on third-party sites. The information available through this link should not be considered either a recommendation or a solicitation of any offer to purchase or sell any security.

Also, please be aware that third-party sites may have different privacy and security policies than Colman Knight. We encourage you to review the privacy and security policies of any third-party website before you provide personal or confidential information.

If you have any questions or concerns, please contact your Colman Knight advisor

Login to Your Integral Wealth Portal
Share This