15,000 stores will close in 2025... but experts reveal why retail is NOT dying
15,000 stores will close in 2025... but experts reveal why retail is NOT dying
Store closures set to double in 2025 — but experts say retail is evolving, not dying. A new study predicts that more than 15,000 stores will close in 2025 — more than double the 7,000 that shut down last year. The report by Coresight Research raises fresh concerns about the future of brick-and-mortar retail. However, retail analyst Neil Saunders says the outlook isn't as grim as it seems. 'The retail apocalypse is fake news,' Saunders of Global Data told DailyMail.
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