75,000 more stores need to close across the US, UBS estimates, as online sales and Amazon grow – CNBC

75,000 more stores need to close across the US, UBS estimates, as online sales...

Kirby Hamilton | Getty Images A store closing sign is taped on the door of a company going out of business. Clothing retailers, consumer electronics companies and home furnishing businesses will need to close more stores across the U.S. as e-commerce sales proliferate, according to UBS. In a note to clients this week, the investment…

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