Retail Apocalypse: 23 big retailers closing stores
Some of the United States’ most prominent retailers are shuttering stores in recent months amid sagging sales in the troubled sector.
The rise of ecommerce outlets like Amazon (NASDAQ:AMZN) has made it harder for traditional retailers to attract customers to their stores and forced companies to change their sales strategies. Many companies have turned to sales promotions and increased digital efforts to lure shoppers while shutting down brick-and-mortar locations. -- More...
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