» RETAIL APOCALYPSE: 3,500 stores to close in 2017
Major retailers across the country have taken a hit as consumers shift their spending habits online. The impact of the closures is far-ranging, impacting the job market and retail destinations in Dayton, Springfield and Northern Cincinnati. Around 100 stores have closed or will close in Ohio this year.
Retailers that have closed locations include: The Limited, Family Christian, RadioShack, Sears, Kmart, JC Penney, Macy’s, BCBGMAXAZRIA, Bebe, Crocs, GameStop, American Apparel, Guess, Gander Mountain and Rue21.
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“When you’re talking about sales that go to online-only retailers that don’t have presence here, that’s a shift in consumer demand,” said Gordon Gough, president and CEO of the Ohio Council for Retail Merchants. “Will it have an impact on the local economies? Sure.”
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