Despite signs of an improving economy, observers of retail trends expect that more storefronts will close their doors this year as retailers adjust to demographic trends and the continuing popularity of e-commerce.
So far this year, RadioShack and Staples Inc. have both announced plans to close locations. The electronics retailer plans to shutter up to 1,100 underperforming stores, more than a fifth of all locations. Staples, meanwhile, intends to close 225 stores by
Register to view the full article
This article is part of our premium content subscription. You need to subscribe to gain access to premium content.
Why Register for NREIonline? It's simple and free, and here is what you get:
• Access to leading real estate industry research.
• Interactive rankings of commercial real estate professionals.
• Submit your own articles, (if approved) which will appear around the site.