You Won’t Be Seeing These Stores Open This Year, Here’s Why

Published on 06/30/2021
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H&M

H&M expects to close another 250 stores in 2021, following the failure of 180 stores in 2020. The retailer’s decision was influenced by the coronavirus outbreak as well as the growing trend of online shopping. “Following the epidemic, an increasing number of buyers began buying online,” H&M CEO Helena Helmersson said on “Good Morning America,” “and they are making it plain that they value a relaxing and inspiring environment in which shops and online interconnect and support each other.”

H&M

H&M

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