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Retailers Opened More Stores Than They Closed Last Year

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Even though the balance between store openings and closings is finally tipping in favor of new retail locations, fashion retailers have a ways to go before new doors are on par with closures. Fashion companies opened 2,920 stores in 2021, while 4,108 doors closed for good. Coresight Research has tallied up 5,083 overall retail store…

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