Thousands of US stores close in the coming months - ForumDaily
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Thousands of US stores will close in the coming months.

Фото: Depositphotos

Фото: Depositphotos

Thousands of stores based on shopping centers are closing in the coming months, and this will be one of the biggest waves of retail store closures in the last decade.

More 3500 stores are expected to close in the next couple of months.

Department stores, such as JCPenney, Macy 's, Sears and Kmart are among the companies that announced closure along with networks such as Crocs, BCBG, Abercrombie & Fitch and Guess.

Some sellers, closing stores, go online.

For example, the Babyreportedly closes all 170 of its stores to focus on the development of online sales, according to Bloomberg report . Limited Also, 250 has recently shut down all its stores and is selling goods online.

Others, such as Sears and JCPenney, reduce the number of those stores that are located in disadvantageous places in order to minimize losses. Sears will close 10% of its outlets or 150 stores, and JCPenney — 14% or 138 stores.

  1. Payless is negotiating the closure of 1000 stores.
  2. BCBG Max Azria Group filed for bankruptcy.
  3. Crocs Inc. closes 160 stores over the next 2 years.
  4. Abercrombie & Fitch will also close 60 stores in the US.
  5. Sports Authority closes from 200 to 450 stores.
  6. radio Shack closed 1784 stores in the USA.
  7. Sears The 50-year-old company is closing more than 123 stores.
  8. Barnes & Noble closes 223 store.
  9. Children's place closes 200 stores.
  10. Office Depot & Office closes over 400 stores.
  11. Pier one imports closes 60 stores.
  12. Macy's closes 100 stores.
  13. Staples announced the closure of another 70.
  14. Sears will close 150 stores.
  15. JCPenney.

According to many analysts, the retail apocalypse was to be expected in the United States, where the number of stores per capita significantly exceeds any other country.

The US has 2,18 square meters of retail space per person, compared to 1,52 square meters in Canada and 1,03 square meters in Australia, the next 2 countries with the highest levels of retail space per capita, according to the October report Morningstar.

Attendance at shopping centers has declined over the years with the growth of e-commerce.

Between 2010 and 2013, Americans started to walk less in 50% shopping centers. People began to visit restaurants more often, travel and spend money on technology. Less money goes to clothing and accessories.

Due to the closure of many stores, the same fate awaits shopping centers. In order to reduce losses, they will have to quickly find a replacement for the tenant of a massive retail space, which is almost impossible.

This can have serious consequences for shopping centers, where it is more difficult to turn empty space into apartments, according to analysts. Real Estate Research Firm Green street advisors estimates that about 30% of all shopping centers fall into this category. And this means that almost a third of all shopping centers are in danger of dying out as a result of the closure of stores.

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In the U.S. closing purchases the shops shopping centers
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