Business

Kitchenware Retailer Closing 160 Stores

retailer

It's another sad day for bricks and mortar retail stores. Kitchenware retailer Kitchen Collection recently announced they would close all 160 of their stores by December 31, 2019. This serves as another stark reminder that the future of retail is online stores. Over 800 employees will be affected.

My heart goes out to all of the workers who will be directly impacted by this mass closure, including multiple locations in Florida. News like this reinforces what JR and I have been saying for years - you have to take create your own economy. There has never been a better time to act than now. If you're a retailer, you need to get with the times and focus your efforts purely online. The majority of successful retail brands are online - just look at Fashion Nova! They have built a phenomenal fashion brand online without ever having a bricks & mortar store.

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