Archived Posts: July 2017
Rethinking the Value of the Store
The list of retailers that are either closing stores or shuttering completely is long and getting longer by the day—Limited Stores, JC Penney, Macy’s, Radio Shack, Sears, Staples. Even after accounting for these plans there remains a “store bubble.” The wave of store closings is just getting started and will likely last for many years.
Not surprisingly, changing consumer behavior and the shift to e-commerce are noted as the main drivers of store closings. Retaile ...