Thousands of stores closing Unlisted Video
5 years ago
119
Business Insider reports that retailers across all sectors are fighting an uphill battle against falling brick-and-mortar sales.
Analysts suggest companies need to be smart about closing and consolidating physical retail stores.
The closures are part of an effort to bolster e-commerce sales and prevent further losses.
Though the number of suggested closures varies widely sector.
A recent UBS report found that all areas of retail could benefit from having fewer stores.
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