October 20, 2020

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Retail giants cannot escape the corona either: H&M is closing 250 stores and concentrating on digital shopping

Retail giants cannot escape the corona either: H&M is closing 250 stores and concentrating on digital shopping


For the first time, the clothing chain Hennes & Mauritz will reduce the number of stores and focus more on the webshop pen, which is on the rise due to Covid-19. “We can emerge stronger from the crisis if we implement our transformation quickly.”