UBS Estimates 100,000 More Retail Stores Will Close by 2025
Analysts Say Coronavirus Hastens Disruption Brought by E-Commerce Retail stores are boarded up in San Francisco during the coronavirus pandemic. (Getty Images) The U.S. retail industry appears to stand to lose 11% to 17% of its total store count by 2025, according to a report by Swiss bank and money manager UBS that brokers and analysts [...]