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.
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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

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