India, Aug. 21 -- Several retail stores, ranging from groceries to apparel, have announced store closures in August. Given the impact the online marketplace has had on consumers' buying habits, many stores have been forced to reconsider the number of live stores they operate. As per research from real estate services firm Green Street Advisors, almost 25 percent of America's largest shopping malls are anticipated to close by 2027.
As per Newsweek, Harris Teeter's previous announcement stated that the store located at 3600 S. Glebe Rd., Suite W100, Arlington, Virginia, 22202, will be shut down by August 4.
Parent company to Harris Teeter, Kroger had earlier announced that it had plans to shut down 60 stores over the next 18 months. Accor...
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