5/9/2012

The biggest U.S. chain retailers ended last year with 2.2% fewer stores as more consumers shifted their shopping online, and the growth of e-commerce has retailers including Lowe's shifting capital investment to their web efforts. "The smart chains are the ones looking to grow online because there aren’t that many places left in the U.S. that warrant the cost of building another big-box store," said industry consultant Will Ander.

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