Apocalypse for retail: 3,500 stores closing in ’17
By KARA DRISCOLL | DAYTON DAILY NEWS
Published on April 4, 2017
More than 3,500 stores could be closed within the year, in what some are coining the “retail apocalypse.”
All locations — 250 in total — of The Limited closed by mid-January.
ASSOCIATED PRESS
Major retailers across the country have taken a hit as consumers shift their spending habits online in the age of e-commerce. In Ohio, at least 70 retail brick-and-mortar stores are set for closure, forcing thousands to look for new jobs.
Some closures started as early as late December, but most closures were announced in January after the holiday shopping season.
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