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Former retail giant has closed over 1,000 locations
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Former retail giant has closed over 1,000 locations

Yahoo Finance · Jul 1, 2026, 3:07 PM

Key takeaways

  • Former retail giant has closed over 1,000 locations Daniel Kline Wed, July 1, 2026 at 10:07 PM GMT+7 5 min read Some forms of retail work better in a brick-and-mortar store than they do online.
  • Clothing and footwear, for example, benefits from the ability to try the items on.
  • The internet shines, however, on items that don't need to be held, touched, or tried on.

Former retail giant has closed over 1,000 locations Daniel Kline Wed, July 1, 2026 at 10:07 PM GMT+7 5 min read Some forms of retail work better in a brick-and-mortar store than they do online.

Clothing and footwear, for example, benefits from the ability to try the items on. Even people who wear the same size across multiple brands sometime put on an outfit, a pair of sneakers, or some fancy shoes only to find that they don't fit right.

The internet shines, however, on items that don't need to be held, touched, or tried on. That has made some retailers more vulnerable than others.

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