Tsunami Of Store Closings Expected This Year

"Retailers are bracing for a fresh wave of store closures at the start of the new year. The industry is heading into 2017 with a glut of store space as shopping continues to shift online and foot traffic to malls declines, according to analysts."
Author:
Publish date:
Kmart closing.jpg

National chains will consolidate their real estate at an even faster clip in 2017, as mobile shopping continues to eat into the still over-stored retail landscape, analysts say.

"Retailers are bracing for a fresh wave of store closures at the start of the new year. The industry is heading into 2017 with a glut of store space as shopping continues to shift online and foot traffic to malls declines, according to analysts."

Read More at Business Insider

Featured

Related Articles