U.S. retailers are set to close more stores than they open again this year, continuing a troubling trend. In 2024, 7,325 stores shuttered while 5,970 opened—a net loss of 1,355, according to Coresight ...
Discretionary categories like luxury and big ticket home purchases performed disproportionately poorly as inflation remained sticky and interest rates remained high.
Growing from its 2001 launch with a pair of stores in Tysons Corner, Virginia, and Glendale, California, Apple now has more than 500 retail locations all around the world. In its stores ...