U.S. Markets closed

UBS estimates 75K U.S. stores must close if e-commerce grows to 25%

UBS is calling for what seems like the end the end of brick and mortar. In a note to clients this week, the investment firm estimated that 75,000 or more U.S. stores need to close, if e-commerce penetration grows to 25% by 2026. Yahoo Finance's Jen Rogers, Myles Udland, Brian Cheung and Brian Sozzi discuss.