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Consider this: in 2014 consumers returned a record $284 billion worth of merchandise to retailers. That’s a huge number (about equal to the GDP of Singapore) and it is only going to get bigger due to the continued increase in online sales…
A recent article in Forbes highlights how the current economic downturn coupled with the continued shift to e-commerce is forcing many retail chains to close some of their lowest-performing outlets. Following are some of the retailers who are closing stores:…
I was amused by this article. It starts with: National Semiconductor Corp (NSM.N) posted results and a revenue outlook that beat estimates, as sales to industrial markets and improved corporate spending pushed margins to a record high. It goes on…