Store closings and store-closing announcements have spiked dramatically, and experts foresee even more closings as retailers cull their underperforming stores and focus on omnichannel retailing.
“Going into 2014, we anticipated a lot of closings and closing announcements, and that’s exactly what we’ve seen,” says Michael Wiener, president and CEO of Excess Space Retail Services. “These closings reflect the pain retailers endured dur
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