Pressure from Shein is accelerating TEMU retail shutdowns


An ongoing increase US retail shutdown In 2025, Miras are expected to be insisted in 2025 because they face the dew and the ruthless competition from the e-commerce platforms.

A company specializing in retail and technology estimates that the company will reach 15,000 in 2025. The company also covers a total of 5,800 stores in this year, but results in net loss.

With the wave of bankruptcy In 2024, the latest announcements of the Great Lots, Party City and Kohl and Macy, the last announcements in 2025, Coresight research estimated that more than 1,900 stores will be closed in the second week of 2025.

In 2024, in 2024, in 2024, since 2020, since 2020, in 2020, the highest number of parcels has been in the highest level since 2020.

In 2023, it was about 60% increase compared to the same 52-week period.

US retail closings hit the highest level since the pandemic

CORESight's Global Studies CONRICER, FOX business told the FOX business that would continue industrial plagurs in 2024, 'special competitive pressures' from fast fashion platforms popular in recent years Inflation consumers they used their cheap prices.

Sheen and Temu offers a number of products and clothing at low prices. Companies face criticism of work practices, environmental concerns and work ethics such as violations of intellectual property.

On January 14, 2025, New York, the United States, USA, USA in a Macy's store in a Macy in Brooklyn city of Brooklyn. (Yuki iWamura / Bloomberg Getty Imager / through Getty Images)

Again, people continue to shop on the platforms, they pose a threat to retailers based on us.

“We think that Temu and Shein is a $ 100 billion in danger for retailers around the world.” “Last year, we think that the global sales have made about $ 100 billion worth of $ 100 billion. This vast majority will go away from retail … Sales, taking the market share,” Mercer continued.

Coresight is a pressure of many retailers who threaten Temu and Shein “and” There is a little prospect of this competitive pressure, “according to Mercer.

Another factor that contributes to its estimates is the “political violation” period according to Mercer.

Why neighborhood pharmacy shuts down

“We are still not sure what the tariffs will be. Tariffs are not sure how the tariffs will flow with internal consumers and consumers to react to this,” he said.

Mercer said that the risks with tariffs are “increasing inflation”.

One partner, California, Thursday, on Thursday, on December 26, 2024 enters a party city store in Richmond. (David Paul Morris / Bloomberg Getty Imager / Getty Images)

“We saw how badly reacted to the United States. The risk is more inflation and consumers reply again,” he said.

Aside from the tariffs, the consumer of Coresight researchers and the consumer demand may be reasonable, according to the Mercer, which provides the Mercer. However, even if the demand is strong, “LEGACY retail sales, as I mentioned, the consumer demand is going to the players.”

Macy's accelerates the store's closures this year

Coresight research CEO Deborah Weinswig said, “In a statement combined with the growing advantage between them, a statement combined Consumers who shop on the Internet To find the cheapest deals, “Last year, many bricks and mortar retailers received money.

On January 14, 2025, New York, the United States, USA, a Macy's store in a Macy in Brooklyn Brooklyn. (Yuki iWamura / Bloomberg Getty Imager / through Getty Images)

Sacrifice, including several brands American loadsThis announced that the main company has closed 329 places as part of the bankruptcy process and as part of large lots Chapter 11 bankruptcy In September, the “AT Plaintiff” of the “Horse Plaintiff” of the assets helps to make the sale of “significant” sales to Nexus capital. In addition, dozens of stores have announced plans to close permanent.

Macy began to close places as part of a return strategy announced on February 2024 on 2024. This is Tony Spring, during the last profit of this year, he said that this year expects about 65 places this year, before the previous forecast.

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Party city, 738 expected closure and great draw, close-up, this year, this year, this year is leading the package for those closing this year. 7-Eleven 333 are not in large numbers with expected parcel.

Coresight also received, CVS health, dollar, dollar, family dollars, five, JD Sports, Kohl's, Macy's and Walgreens Boot Alliance's expected closes followed.

However, most of the companies are opening places in the year at the same time.

Mercer said it was important to accept that there are three categories of retail closing activities. In one case, retailers can close all stores because they cancel their assets. There are also congested retailers who are reconstructing and closing and closing the large saga of the shops, but not all of them are not all.

The third type of parcel, inherited vendors, to change their property options to change their property to better change their property.



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