Are we headed toward a ‘retail apocalypse?’

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RETAIL CHAINS & STORE CLOSURES in 2019! The smartphone has exploded onto the retail scene and has fundamentally changed the way consumers shop. In 2018 we saw 4,500 stores shut down operations in North America, compared with only 2,500.

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JB Hi-Fi is already renowned as one of our more resilient retail companies, with JB continuing to defy the retail apocalypse.

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The retail apocalypse is upon us and after hitting all-time record high levels of store closures, the pace has accelerated. Hundreds of thousands of workers have already lost their jobs in the past decade thanks to store closures, and that number is going to skyrocket in the very near future.

Is the U.S. headed toward a financial apocalypse? Users. Yes I think so. Not only the US though. The stock market is being fattened up for the kill as we speak.. mortgage, student, and auto loans, government deficit spending, overpriced healthcare, and fast food/retail jobs. How can anyone.

The overall health of retail is actually solid. Spending continues to grow steadily. But several macroeconomic trends are driving the push toward a smaller store base – including the rise of e-commerce, the over-supply of malls, and shifting demographics as young Americans are flocking to cities – have conspired to change the face of American shopping.

Yet, despite such headline-grabbing bad news for retail, there are signs that that particular segment of commercial real estate is stabilizing, even rebounding, as we head toward the second. see.

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He said, “We must acknowledge. availability of retail space along traditional luxury corridors including Madison and Fifth Avenue, yet this situation deserves a thoughtful analysis, as opposed to.

Now the grocery industry appears to be heading toward a similar fate. Like mall-based retailers did in the 1990s, supermarkets have been expanding rapidly across the US in recent years.

We can expect to see more of the in-store and online battle as retailers push to win over customers by meeting them where it’s most convenient and caters to their needs and expectations. Many in the.

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which is primarily geared toward young women, filed to liquidate its assets on Wednesday and announced it would be closing all of its stores. It previously filed for bankruptcy protection in February.