January 25, 2014

USA: A 'tsunami' of store closings expected to hit retail

Get ready for the next era in retail—one that will be characterized by far fewer shops and smaller stores. 

On Tuesday, Sears said that it will shutter its flagship store in downtown Chicago in April. It's the latest of about 300 store closures in the U.S. that Sears has made since 2010. The news follows announcements earlier this month of multiple store closings from major department stores J.C. Penney and Macy's.

› Gold Coast Blog — Queensland Australia

No comments:

Post a Comment