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Research published by global retail analyst IHL Group in 2019 suggests that the so-called retail apocalypse narrative was an exaggeration, with "more chains that are expanding their number of stores than closing stores.” [7] That year, retailers in the United States announced 9,302 store closings, a 59% jump from 2018, and the highest number ...
Time Warner Cable - spun-off in 2009 and has been acquired by Charter Communications in 2016. TMZ - sold to Fox Corporation in 2021. TT Centroid - moved to Pinewood Studios and spun off in 2008; TriStar Pictures - joint venture with CBS and Columbia Pictures. HBO sold TriStar back to Columbia Pictures in December 1985. truTV UK and Ireland
Keen cites a 2013 Institute for Local Self-Reliance report saying brick-and-mortar retailers employ 47 people for every $10 million in sales while Amazon employs only 14. Similarly, the 700-employee room rental start-up Airbnb was valued at $10 billion in 2014, about half as much as Hilton Worldwide , which employs 152,000 people.