10 minutes

Quick Take: 17 Shocking Moments in 2017

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Insight Report

Executive Summary

There were a number of “shocking moments” in retail and tech in 2017, and we summarize 17 of them in this report.

  • The number of store closure announcements in the US has increased 229% year over year, as of December 22, and continues to exceed store openings.
  • The year saw luxury brands move online, with notable e-commerce players striking deals with some of the big names in luxury.
  • 2017 has also been a year of consolidation, with a surge in M&A and investment activity.
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