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Research published by global retail analyst IHL Group in 2019 suggests that the so-called retail apocalypse narrative was an exaggeration, with "more chains that are expanding their number of stores than closing stores.” [7] That year, retailers in the United States announced 9,302 store closings, a 59% jump from 2018, and the highest number ...
The following retailers have all either closed or announced plans to close large numbers of retail locations, since 2010, during a time period labelled a "retail apocalypse" by media, accelerated by both the increase in online shopping and then by the economic impact of the COVID-19 pandemic.
Supermarkets began opening dark stores to assist with distribution in geographical areas where there was a high demand for online delivery. [3] Retail companies with dark stores usually operate fleets of light trucks to deliver orders made online, particularly to inner urban areas, avoiding disruptions to offline store operations.
AMSTERDAM (Reuters) -The city of Rotterdam is to put a one-year freeze on the introduction of any more "dark stores" - small distribution centres in the city used as hubs for on-demand grocery ...
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Venture capitalists have invested billions of dollars in fast grocery delivery services such as Turkey's Getir and Germany's Gorillas and Flink, in a race to meet soaring demand after lockdowns ...
Gorillas was a German ultrafast grocery delivery company which used dark stores between its founding in 2020 and its end in May 2024. [3] Users could order grocery products through the Gorillas app. In December 2022, the company was acquired by Getir. [4] [1] As of July 2023, it operates in around 35 cities from roughly 130 locations in four ...
The company donated all of the remaining food at the shuttered supermarkets to food shelters near their stores. "Stop and Shop is a business in some trouble. It changed CEOs in September.