Tsunami Of Retail Store Closings And Downsizings Coming; Expect Layoffs And Shorter Hours – 24 January 2014

Due to competition from online retailers like Amazon and dismal holiday sales at Target, J.C. Penny, Sears, Best Buy, and other major retailers, a flood of retail store closings are on the way.

Moreover, that same competition also dictates a decided shift away from large stores in large malls, to smaller facilities.

All things considered, expect nothing less than a massive Tsunami of Retail Store Closings and Downsizings.

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