Thursday, February 1, 2018

H&M slows store openings

bizjournals.com

Fashion retailer H&M is opening fewer stores in 2018 in response to the dramatic shift to online shopping, CNBC reports.

H&M plans a net addition of about 320 stores in 2018; it will open about 390 stores and close about 170, per CNBC. In 2017, the company added 388 stores.. . . more