2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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How many brick and mortar retail stores closed in 2019?
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5, 300
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9, 300
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2, 100
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6, 300
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Explanation:
Detailed explanation-1: -This statistic shows the number of retail stores that closed and opened in the United States from 2017 to 2019. In 2019, there were 11, 393 new retail stores opened and 8, 429 stores closed with a net gain of 2, 965 stores.
Detailed explanation-2: -With 12 million retail outlets, a million wholesalers and distributors, 1. and a multitiered structure, the Indian retail ecosystem is one of the most complex in the world.
Detailed explanation-3: -A retail apocalypse is the closing of numerous brick-and-mortar retail stores, especially those of large chains worldwide. It began around 2010 and was severely exacerbated by the mandatory closures during the COVID-19 pandemic.
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