Thursday, March 23, 2017

The retail renaissance part I: How architecture will shape the future of shopping

At a glance, many of the latest retail trends strike me as incongruous. Retail demand continues to grow, but retailers are falling short of sales goals and closing stores at an alarming rate. In 2017, Macy’s will close 68 of its 750 locations nationwide, Kmart/Sears will close 150 stores and JCPenney plans to close 140 locations. Already this year, The Limited and Wet Seal closed every single one of their stores across the country, 250 and 171 locations, respectively.

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