UBS Estimates 100,000 More Retail Stores Will Close by 2025

By |2020-08-05T14:33:53-04:00May 15th, 2020|Categories: Uncategorized|

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 [...]