Chart of the week: America’s retail revolution

The trend towards online shopping is taking its biggest toll on the high street across the Atlantic, thousands of shops closing every year.

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There are around 26 square feet of retail space for every person in the US, compared with about 2.5 in Europe, says Josh Sanburn on Time. So it's no wonder the trend towards online shopping (which makes up 10% of America's total retail sales) is taking its biggest toll across the Atlantic.

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