• THE WWD LIST: Who's Closing Stores in 2018

    5 monthes ago - By WWD

    The tally so far: 3,294 - and counting.
    That's the number of store closures announced so far this year. The growth of shopping options - either new brands popping up or just the general shift to online shopping - has contributed to a retail malaise that hasn't been kind to the bricks-and-mortar channel.
    While many retailers plan to open new stores, that number continues to be overshadowed by the rate of store closures.
    In 2017, nearly 7,000 store closures were announced, and slightly over 5,000 doors actually shuttered. The balance was slated for closure this year. Many closures were due...
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