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60-second Retail

BDO USA

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Shuttered Shops: The Forces Fueling Retail Shutdowns (A Retail in the Red Update)

Retail store closures have become a significant trend in 2024, driven by various forces. Are these closures primarily due to bankruptcy filings or strategic business realignments? How are changing consumer shopping patterns playing a role? And will this trend continue? Tune in to this episode to hear Michele Michaelis, Managing Director of Business Restructuring Services at BDO USA, delve into these questions as we explore the underlying causes of store closures and the rapidly evolving retail landscape. Get the insights you need to succeed in retail.

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