Disney is closing at least 60 Disney retail stores in North America.
Their plan is to focus on boosting their e-commerce platforms. Due to the pandemic consumer shopping has shifted online.
“The global pandemic has changed what consumers expect from a retailer. We now plan to create a more flexible, interconnected e-commerce experience that gives consumers easy access to unique, high-quality products across all our franchises,” president of consumer products, games, and publishing Stephanie Young said.
Disney has licensed retailers like Target.