How much could US retail shrink? And where?

The first quarter of 2017 has marked a parade of announced store closures. The long awaited axe has fallen on 68 more¬†Macy’s stores around the country. J.C. Penney has announced it will close another 138 stores. Other major national retail chains, including The Limited, Gap, Walgreens, Aeropostale and Chico’s, have also announced similarly large closures. … Continue reading How much could US retail shrink? And where?