The retail apocalypse is upon us and after hitting all-time record high levels of store closures, the pace has accelerated. Hundreds of thousands of workers have already lost their jobs in the past decade thanks to store closures, and that number is going to skyrocket in the very near future.

READ: Are we heading towards a "Retail Apocalypse"? Apocalypse, not now Statista, a leading provider of market and consumer data, talked about some kind of "Retail Apocalypse" happening because of the e-commerce.

As JD.com’s Vice President of International Corporate Affairs Josh Gartner put it during a panel discussion, to survive the retail apocalypse retailers must think of retail as a service. Execs adjust logistics tactics to better serve the customer

Are We Headed For a Retail Apocalypse? January 31, 2018 Despite high consumer confidence and a relatively healthy economy, US retailers are going bankrupt and closing stores at a rate not seen since before the last recession.

The retail apocalypse is heading straight for Kroger, Whole Foods, and Aldi. By Hayley Peterson. Retail space devoted to food sales in the US has hit a record high. New store growth is outweighing demand, and grocers are cutting prices to compete.

 · In any case, it definitely appears as if we are headed toward a more mixed-use future in retail real estate. Disclosure: I am/we are long HTA, DOC.

The main factor cited in the closing of retail stores in the retail apocalypse is the shift in consumer habits towards online shopping. Holiday sales for e-commerce were reported as increasing by 11% for 2016 compared with 2015 by Adobe Digital Insights, with Slice Intelligence reporting an even more generous 20% increase.

Big retail drugstores aren’t going to vanish any time soon. But we may be heading towards a future where there are fewer of them, they look a lot different, and potentially aren’t as profitable.

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The once-retail leader plans to close nearly 150 stores.. Sears files for bankruptcy as the retail apocalypse continues apace [Photo:. Sears seems headed in a similar direction, unless it.

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America’s ‘Retail Apocalypse’ Is Really Just Beginning.. The so-called retail apocalypse has become so ingrained in the U.S. that it now has the. Exposure skews toward smaller banks. 33%.

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