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Edible Arrangements NEWS CENTER
1.
U.S. Retail Industry Numbers: 477 Store Closings, 167 Openings, 5,100 Expansion Plans in 2010 Reveal Struggle for Retail Relevance (TWMC, PNRA, ANF, BKS, BGP)
Publication Date: January 13, 2010
Since recession-related purging has ended for most major chains, the numbers from the U.S. retail industry in the first half of November are now a reflection of retailing itself, not just a byproduct of economic chaos. There are real retail struggles behind store closings, real customers behind store openings, and real strategy behind 2010 expansion plans. Without so much recessionary noise, what November numbers show is a real struggle for U.S. retailers. That is, the struggle for retail relevance.
