homeWelcome, sign in or click here to subscribe.login
     


 

 

Real Estate


Subscriber content preview

May 11, 2017

E-commerce tightens the squeeze on clothing stores

By ANNE D'INNOCENZIO
AP Retail Writer

NEW YORK — It’s starting to look a lot like the Great Recession redux for retailers.

More than twice as many stores have closed this year than at the same point last year. Bankruptcies are far outpacing last year’s rate. Retailers slashed jobs at the sharpest pace in seven years this spring. And retailers collectively could report the biggest drop in first-quarter profits since 2009.


 
. . .


To read this story in full login or purchase a subscription.




Email or user name:
Password:
 
Forgot password? Click here.