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Sign O' The Times

H&M To Shut Down 170 Stores After Drastic Drop In Sales
As more shoppers move online, many retailers are forced to shut down stores and H&M is now among them.
The major retailer will be shutting down 170 sites in 2018, according to AL. These closings come after H&M reported a 34 percent drop in profit in their fourth quarter, which makes this their largest profit drop in six years. This drastic decrease in sales has been attributed to H&M’s lackluster December and January sales, AL reports.


H&M To Shut Down 170 Stores After Drastic Drop In Sales
As more shoppers move online, many retailers are forced to shut down stores and H&M is now among them.
The major retailer will be shutting down 170 sites in 2018, according to AL. These closings come after H&M reported a 34 percent drop in profit in their fourth quarter, which makes this their largest profit drop in six years. This drastic decrease in sales has been attributed to H&M’s lackluster December and January sales, AL reports.



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