macys - Despite the rise of online shopping, there is no “retail apocalypse”

Despite the rise of online shopping, there is no “retail apocalypse”

In recent years, brick-and-mortar stores have been closing nationwide at an alarming rate. Analysts estimate that 75,000 physical stores will shut down by 2026. This year alone, thousands of store closures have been announced, with brands such as Payless ShoeSource declaring bankruptcy. And others, from major retail chains to independent businesses, are closing more stores yearly.

https://dbknews.com/2019/07/16/online-shopping-e-commerce-retail-apocalypse-shopping/

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