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Thousands Of Stores Closing

Video Credit: Wochit Business - Duration: 00:32s - Published < > Embed
Thousands Of Stores Closing

Thousands Of Stores Closing

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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Thousands Of Stores Closing

A JULY 8, 2017, FILE PHOTO




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