It was a brutal year for the U.S. retail sector, despite a robust economy and healthy consumer spending. Massive store closures, retailers’ right-sizing, changing consumer behaviors, new delivery models and the upheaval of e-commerce competition impacted the sector.
However, there’s also opportunity. Traditional retailers are rethinking their physical location strategies and beefing up their online presence, while clicks-to-brick retailers are expanding their physical footprints.. . . more