By Matthew Carr We’re diving headlong into the holiday season.
And that means one thing…
Shopping.
While Amazon (Nasdaq: AMZN) shows no signs of backing down from its e-commerce throne, retailers on the ground are telling a different story.
In 2017, the “retail apocalypse” began.
Brick-and-mortars struggled. Vacancies soared. And malls crumbled into decaying temples of days past.
That same year, U.S. retailers closed nearly 8,200 stores – the most closures in a year on record.
It exceeded the peak annual store closure count during the 2008 financial crisis by more than 30%.
But don’t believe for a minute that the retail apocalypse is over. Store closures are about to …read more
