Is the retail apocalypse coming to Watertown?

The rise of e-commerce and Amazon has created new challenges in traditional retail space. So far, in 2019, more than 7,000 retailers in the United States have shut their doors. This is according to a report released Sept. 11 by global accounting network BDO USA LLP.

Store closures this year have already surpassed the number of stores closed in 2018, which was just under 6,000. Before the end of 2019, global marketing research firm Coresight Research predicts there could be upwards of 12,000 store closures.

With the fate of brick and mortar uncertain, what does this mean for the not one, but two shopping centers, both located on Arsenal Street in Watertown?

This article was originally published in the Watertown TAB September 19, 2019. Read the full article here: https://watertown.wickedlocal.com/news/20190919/is-retail-apocalypse-coming-to-watertown