The recently announced closing of 125 Macy’s stores could be just the start of what’s to come in retail. Brien Rowe, Investment Banker for D.A. Davidson, believes that other major store closings are likely in 2020 as the retail landscape continues changing. Rowe’s comments can be found in “Macy’s Stores Closures Could Mark Beginning of 2020 Retail Restructuring,” an article by Jacob Sonenshine for TheStreet.com.
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