Why the surge in store closings is not just about the economy but also about shifting social habits & trends

posted Apr 10, 2012, 7:15 AM by Bruce P. D'Sena   [ updated Apr 10, 2012, 7:18 AM ]
The list of retail store closings and retail square footage reductions is growing - and despite much of this being attributed to the recession, the fact is that changing customer preferences and social trends are major influencers as well. The question is, do we bear the weight until things bounce back, or do we take advantage of this opportunity and lead towards change? Is this another levee waiting to break or is it just a sign of the generation shift? More reading and the list of closures at about.com.