USA

Experts Say More US Retail Store Closings in Future

April 18, 2017 04:54 AM
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Retail sales were weaker than expected in both March and February, after U.S. government data showed the worst two-month performance for the retail sector in two years. Census data suggest the weakness was the result of lower fuel prices and reduced auto profits. But retail experts say the industry itself is changing, driven by technological and demographic change.