The need for larger stores serving as e-commerce hubs, combined with the difficulties facing the fashion industry, is forcing the sector’s giants to review future strategies. In Spain, H&M announced the closure of a quarter of all stores (28 out of 133) and redundancy for 588 staff, or 15% of employees. Like competitors, the Swedish firm said it wanted to concentrate on larger stores capable of handling “ship from store” services for Web orders, click & collect and also returns. This is part of
…After Fast Retailing, H&M Spain drastically reduces the store network
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