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The Columbus Dispatch
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Source: The Columbus Dispatch
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Fossil is set to close 15 stores in 2026 amid declining mall retail sales, reducing its U.S. locations to approximately 185. The company has already shuttered seven stores this year and has closed over 100 stores since 2024, as it shifts focus toward e-commerce. This trend follows broader challenges faced by malls, which are losing popularity to online shopping, though younger consumers still frequently visit malls for shopping.
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