The retail realm this year wasn’t quite as turbulent as in 2017, when more than 6,000 outposts closed their doors. Yes, retail bankruptcies were still occurring, such as the Los Angeles–based National Stores chain, which filed for Chapter 11 bankruptcy but then was given a lifeline. Overall, the pace of stores going out of business this year slowed.
Here’s a look at the changes in retail this year.
ROW DTLA near downtown Los Angeles started officially unveiling a wing of boutiques in 2017. It receives a vote of confidence when retailer Oak NYC moves in from its Los Angeles Mid-City location.