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U.S. Retail Industry Roundup: 279 store closings, 837 store openings, 619 global expansions, retail 4Q numbers, and 2009 fiscal year comps

from Retail Industry

Recent numbers from the U.S. retail industry may reveal less about retail recovery and more about retailers' willingness to believe in recovery. While the 2010 domestic and global expansion lists are growing longer, the 2010 Store Closings list is not as insignificant this year as the store openings list was this time last year. What that means is that the future looks less worse, but U.S. chains will still need their best efforts to give customers a good excuse to spend, and retain their foothold on the retail landscape. more

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