Reimagining Retail · Retail

Why are some retailers only now realizing they have way too many stores?

Last month, Chico's announced it plans to close 250 stores. Recently, H&M decided to shutter 160 locations. Last week, Charlotte Russe said it will close nearly 100. Of course, this is hardly a new phenomenon. In recent years, dozens of chains have concluded that a meaningful percentage of their stores are suddenly superfluous. I'm not talking about the… Continue reading Why are some retailers only now realizing they have way too many stores?