Retail Industry will continue being over-stored and closures would be the mainstay of headlines for the coming 2 years – B. Riley FBR analyst predicted

Retail Industry will continue being over-stored and closures would be the mainstay of headlines for the coming 2 years – B. Riley FBR analyst predicted

The retail industry of the United States has had one of the worst years in 2019. There aren’t any positive signs of the trend to reduce in 2020, as an announcement had been made recently by Pier 1 Imports that it will be closing nearly 450 stores because of the declining p....