Wednesday, November 13, 2019

Losing to win: Why major retailers need to close more stores

Retail Dive
It's been a banner year for store closing sales.

At first, that didn't seem likely. While retail closures were rife in 2017, that "slowed considerably in 2018," according to a Credit Suisse note updating its store closure index. But things have picked up again this year, and the firm has recorded the highest number "at this point in the year for any year" in the index's 24-year history: 7,600. . . . more