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Economist Podcasts
The Rise and Fall of Thomas Cook
This chapter examines the financial decline of Thomas Cook, a once-prominent travel company that failed to adapt to the digital age, leading to its eventual collapse. It discusses the impacts of outdated business practices, the shift to online competitors, and the challenges faced in the package holiday market. Additionally, it reflects on the broader implications of the company's downfall and ongoing issues like customer repatriation in the wake of its failure.
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