Retail Store Closures Reach Concerning All-Time High
3 Articles
3 Articles
Retail store closures reach concerning all-time high
One by one, retail stores are disappearing faster than they are opening, leading some to wonder if we are getting closer to the demise of brick-and-mortar shopping. The rise of e-commerce platforms has revolutionized consumer behavior, offering more convenient ways to access nearly any product…
Vacant Retail Space On The Rise As Tariffs, Closures Leave A Mark
"Store closing" sales are going to become more common in 2025 as leasing activity continues to slow and scores of retailers go out of business. Leasing has fallen 20% this year compared to this time in 2024, Cushman & Wakefield reports. Rising rent and design costs started the downward trend in activity last year, and now tariff and trade uncertainty is amplifying the pullback. Retailers are delaying decision-making until the clouds around ever…
The great retail reset: what’s behind the wave of store closures
As retailers like Poundland, Claire’s, Hamleys, and Nordstrom cut store numbers, a leaner, more digital retail landscape is emerging.The post The great retail reset: what’s behind the wave of store closures appeared first on Retail Insight Network.
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