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Retail's Woes Not Only E-Commerce

CORONA DEL MAR, CA –Macy's decision to shutter 100 stores—the second round of closings in as many years—is another chapter in the retailer's…

By Geoffery Metz | geofferymetz | Updated on August 23, 2016

Recent store closings at Macy's and other retailers shouldn't be wholly laid at the feet of e-commerce. Recent store closings at Macy’s and other retailers shouldn’t be wholly laid at the feet of e-commerce.

CORONA DEL MAR, CA –Macy’s decision to shutter 100 stores—the second round of closings in as many years—is another chapter in the retailer’s recent woes. The chain isn’t alone. Recent moves by Kohl’s, JCPenney, Walmart, Ralph Lauren and Aeropostale suggest Macy’s story is indicative of the entire sector. And while the usual suspect of e-commerce gets blamed, there are other factors to consider, says Carlos Lopez of Hanley Investment Group. GlobeSt.com caught up with the SVP at Orange County-based company to get his bird’s-eye view in this EXCLUSIVE interview for the ICSC Western Conference and Deal Making event.

GlobeSt.com: How much of the recent store closings are a result of the rise in e-commerce?

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