15,000 stores will close in 2025... but experts reveal why retail is NOT dying
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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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