40,000 U.S. Retail Stores Could Close By 2030

40,000 U.S. Retail Stores Could Close By 2030 UBS consumer analyst Michael Lasser told clients that a further rise in e-commerce penetration, from about 22% today to as high as 27%, could force the closure of 40,000 U.S. retail stores by 2030. The warning comes as more than 10,000 stores have closed since late 2023, and shows how the shift to e-commerce is pressuring brick-and-mortar retail footprints nationwide. Lasser's forecast is that e-commerce penetration rates in the U....