Insights for 8-15-19

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U.S. retail has increased $565 billion in sales since January of 2017, fed not just by online sales growth but net store sales growth. Clearly there is significant pressure in apparel and department stores, however, in every single retail segment there are more chains that are expanding their number of stores than closing stores.

Lee Holman, vice president of research for IHL Group, which recently issued its report, “Retail Renaissance – True Story of Store Openings/Closings.”