Why Closing Stores Isn't Necessarily The Best Move For Retailers - Twice

Why Closing Stores Isn't Necessarily The Best Move For Retailers

"Sears Holdings closed nearly 600 stores in a one-year period. Yet sales at its stores open at least one year still slipped 8.6 percent during the third quarter. At Aeropostale, 84 locations were shuttered in a year's span. But same-store sales continued to tumble during the third quarter, dropping 10 percent."
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Dealers should consider downsizing their stores before abandoning markets outright.

"Sears Holdings closed nearly 600 stores in a one-year period. Yet sales at its stores open at least one year still slipped 8.6 percent during the third quarter. At Aeropostale, 84 locations were shuttered in a year's span. But same-store sales continued to tumble during the third quarter, dropping 10 percent."

Read More at CNBC

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