Why the Wave of U.S. Store Closings Isn’t Over Yet

Sales-per-square-foot data tells sobering story
Author: Andria Cheng (October 1, 2017)

Fung Global Retail & Technology calculated that the major department stores it looked at—Sears, JC Penney, Kohl’s, Macy’s and Nordstrom—collectively would need to shut more than 600 stores to return to their respective performance in 2011.
Read the eMarketer Retail article here…