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Another 80,000 Stores Could Close by 2026

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

Another 80,000 stores could shut down in the next five years, as online shopping supplants the need for so many retail destinations in an overstored America. And apparel has the most to lose. Michael Lasser, analyst at UBS Securities, which provided the analysis of America’s brick-and-mortar landscape, said Monday that many of those 80,000 lost…

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