Stores are closing at an epic pace in America, this despite the fact that economic performance has improved recently and that we are in the midst of an eighth year of economic recovery.
As reported by CNNMoney, brokerage firm Credit Suisse recently indicated in a research report that it is possible that more than eighty six hundred brick-and-mortar stores will shutter their doors in twenty seventeen. By comparison, the report says that only about two thousand stores were closed last year.
With more, Anirban Basu.