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Retail Apocalypse: 27 Surprising Facts You Didn’t Know

Intoo USA

According to BLS data, the number of retail openings in February slumped to 541,000, down by 40,000, its worst performance since 2015. Department stores have lost 18 times more workers than coal mining since 2001. Between 1970 and 2015, the number of malls grew more than twice as fast as the number of people in the U.S.

article thumbnail

Retail Apocalypse: 27 Surprising Facts You Didn’t Know

Intoo USA

According to BLS data, the number of retail openings in February slumped to 541,000, down by 40,000, its worst performance since 2015. Department stores have lost 18 times more workers than coal mining since 2001. Between 1970 and 2015, the number of malls grew more than twice as fast as the number of people in the U.S.