Never have so many shutters been pulled down across retail stores in the US and UK as they did in 2020. A report by Coresight Research puts the number at 8,741. The death knoll continues to ring in 2021 as analysts predict a 14% increase in the rate of retail store closures.The same report predicts 4,000 new stores will open in the US in 2021. Buoyed by vaccination programs and fiscal incentives, the economy is bouncing back, and consumers are eager to spend. The National Retail Federation (NRF), the largest retail trade association, anticipates annual retail sales will grow between 10.5% and 13.5% in 2021.To read this article in full, please click her
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