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100,000 Stores Could Disappear in the Next Five Years

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Analysts believe 100,000 stores could be wiped off the retail map by 2025—and apparel could be hardest hit. With e-commerce driving growth in retail, especially as the coronavirus pandemic forces consumers to digital channels for both discretionary and essential needs, merchants will have a tough time rationalizing their store footprints, a trend that could accelerate…

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