Find in the news:
BY COUNTRY

Disney is closing dozens of stores worldwide, switching to online sales



About 20 percent of the company's branded stores will close by the end of 2021 as it decides to focus more on developing online sales.
Disney store - Depositphotos

Around 60 Disney Stores will close in North America soon, after which the company's management intends to evaluate the potential of retail outlets in other parts of the world. In particular, the administration is considering Europe as a place for potentially significant reductions, informs CNBC.

At the same time, work will be done to improve the ShopDisney website. The product range will be expanded to include more collections of classic clothes and street fashion, premium home products, and collectibles, in addition to technical changes.

The company is undertaking this reorganization, she says, in response to changing consumer behavior and is increasingly choosing to shop online, avoiding conventional retail outlets. Simultaneously, demand for online commerce has increased, with consumers demanding a more comprehensive range of products and greater convenience in selection and delivery.

According to the IBM Retail Index, the coronavirus has caused the shift from conventional stores to online sales to accelerate within five years. In 2020, for example, e-commerce grew 32.4 percent to $791.7 billion, and that number is only expected to grow.

Disney declined to say which outlets will be closed and how these actions could affect its financial operations. But what is known is that the closures will not affect any of the 600 Disney Parks mini-stores located in the retail space of Target hypermarkets and other similar retailers. The announcement of any changes to Disney's plans did not affect the company's stock price.

There are currently more than 300 Disney Stores worldwide. Previously, the company's plans included increasing its numbers, but the coronavirus pandemic made adjustments to its goals.

Photo credit: depositphotos.com.

More about shopping malls in the USA



TODAY, USA:
By the end of January 2022, Savage X Fenty will open five mono stores in the U.S.
DAY BEFORE YESTERDAY, USA:
Amazon Style is experimenting with various tech services to enhance the shopping experience.
Jan 20, 2022, USA:
The new tenants include both international brands and small local companies.
Jan 18, 2022, North America, North America:
A retailer has filed several new trademark applications, indicating that it intends to produce and sell virtual goods.
Jan 15, 2022, United Kingdom:
Selfridges will be the first-ever entry into the meta-universe, and for the department store's customers, it will be a unique token buying experience.
Jan 15, 2022, Japan:
Fast Retailing CFO: "It's time to review and raise prices on some products as we face higher costs."
Friend
and Follow
Viaport Outlet GLA:748 092 SF
ADDRESS: Yenisehir Mah. Dedepasa Cad. No:19 Via Port - Pendik
Turkey . Istanbul
Viaport Outlet
I Viali GLA:452 084 SF
ADDRESS: Via Dei Cacciatori 111 - 10042 Nichelino TO - Piemonte
Italy . Torino
I Viali
Silesia City Centre GLA:699 654 SF
ADDRESS: Chorzowska 107
Poland . Katowice
Silesia City Centre
Forum Istanbul GLA:1 883 684 SF
ADDRESS: Kocatepe Mahallesi, Pasa Caddesi 34045 Bayrampasa
Turkey . Istanbul
Forum Istanbul


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us