H&M Accelerates Store Closures to Counter Rising Digital Rivals

Yahoo Finance reports that H&M Group has shuttered 136 locations over the last six months, part of a wider retreat involving more than 600 store closures since 2022. The apparel giant is also folding its Monki label into the Weekday brand as it attempts to streamline operations.

Yahoo Finance reports that H&M Group has shuttered 136 locations over the last six months, part of a wider retreat involving more than 600 store closures since 2022. The apparel giant is also folding its Monki label into the Weekday brand as it attempts to streamline operations.