Wednesday, May 11, 2016

As retailers bet on the web, H&M focuses on opening more stores

Businesses worldwide are investing more and more in ecommerce – but that doesn’t mean that brick and mortar stores are a thing of the past. In fact, some companies are putting just as much or more investment and energy into growing their store locations than their online shops.
Take, for example, Swedish clothing retailer Hennes & Mauritz, better known as H&M. H&M’s Chief Executive Officer Karl-Johan Persson declared that H&M plans to double its number of stores in an attempt to catch up with its rival, Inditex.. . . more

No comments: