New store openings outpace closures to start 2021
March 22, 2021
So far this year, retailers in the U.S. have announced plans to open 3,199 stores compared to 2,548 announced closures, according to Coresight Research. “Most retailers that survived Covid’s early days are now looking to refill their new store opening programs,” said Bill Read, executive vice president for Retail Specialists, a brokerage firm. “Demand for new stores is very robust right now. Playing catch up has everyone in a hurry up.”
Recent News
NHTSA Investigates Tesla Autopilot Again After Recent Software Update
Tesla Autopilot is once again the subject of an NHTSA investigation.
Home Depot Holds Halfway to Halloween Sale: Skelly’s Back
It’s halfway to spooky season, and Home Depot is celebrating.
Kaiser Discloses Health Insurance Data Breach
Health insurance company Kaiser is notifying millions of its current and former members about a data breach. The breach occurred when Kaiser shared patients’ information with third-party advertisers like Google, Microsoft, and X (formerly Twitter).
Satirical Site The Onion Acquired by Global Tetrahedron
The satirical news website, The Onion, has been sold by G/O Media to a group of digital media veterans.