Thursday, 26 December 2019

Physical Store Closures Hit a New High in 2019

2019 was not a good year for brick-and-mortar stores. As of November 1, U.S. retail store closures reached 9,302, a 59 percent increase over 2018 according to Coresight Research. The biggest contributor was Payless ShoeSource, which declared bankruptcy and closed all of its 2,100 stores.

The post Physical Store Closures Hit a New High in 2019 appeared first on Practical Ecommerce.



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