adidas to Begin Closing Down Storefront Locations

With the retail apocalypse continuing its course with more than 12,000 stores expected to close across the globe in 2018, adidas CEO Kasper Rorsted is now announcing that the sportswear giant will also be closing down a number of their storefronts in the coming years as part of a company shift that will focus more towards online retail. In a new interview with the Financial Times, Rorsted explained, "over time, we will have fewer stores but they will be better" while also adding, "our website is...