There are Closings…& Then There are Closings…

closed signage
Photo by fotografierende on Pexels.com

Everyone is in a panic about the number of stores closing. And yes, there are plenty and it can be all quite distressing, but when looking at the retail business you have to make a distinction between closings due to company bankruptcies and those that are the result of strategic decisions to strengthen the entire company. It’s a very important difference and not understanding it is…well, Stupid.

Here’s my take on the subject in this new Forbes.com post: https://www.forbes.com/sites/warrenshoulberg/2020/02/02/why-not-all-store-closings-are-bad-store-closings/#47b7e6065147

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