Swedish Retailer H&M To Close 250 Stores
H&M will close 250 stores next year due to the impact of the coronavirus pandemic. That represents nearly 5 percent of it total stores nationwide.
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Tag: online shopping
Commercial Rent Collection Inching Up But Several Rockland Retailers Still Paying Zero
Retail rent collections notched up in July, though they were still down by 19 percent compared to last year. The pandemic has altered how we shop – but is this a temporary or permanent shift?
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Rough Ride For Retailers In 2019; Little Relief On Horizon
In 2019, more than 9,100 stores closed across the country, the highest number of any single year. Mall closures alone have reached 4,087 this year, a 140% increase year over year from the 1,696 closures in 2018,
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Consumers Plan Most Holiday Shopping Online
Consumers will shun brick-and-mortar stores this holiday season, with more than 95% opting to buy half or more gifts online, according to a study from Leanplum
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