We've read about it in the news: retail stores, which some lighting manufacturers rely on for their bread and butter, are closing at an alarming rate. Macy's has announced that approximately 100 of its 650 locations are shutteringtheir doors, and JCPenney has plans to close 138 locations. In January, Sears announced that it would shut down 42 Sears and 108 Kmart stores, and H.H. Gregg, which has filed for Chapter 11 bankruptcy, has announced plans to turn the lights out at 88 locations. All told, Bloomberg estimates that more than 8,000 stores in the U.S. could shut down in 2017.
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