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  • Caleres
    Article

    Caleres to accelerate store closures as e-commerce surges

    2020-06-08T11:21:00Z

    The Covid-19 pandemic has led to a dramatic surge in the importance of e-commerce in Caleres ’ sales, representing about a third of the company’s revenues in its fiscal first quarter, and prompting it to accelerate the closure of some 160 stores by the end of 2021.