![H&M sees big quarterly profit drop as stores attract fewer shoppers | The Independent | The Independent H&M sees big quarterly profit drop as stores attract fewer shoppers | The Independent | The Independent](https://static.independent.co.uk/s3fs-public/thumbnails/image/2017/07/17/19/hm.jpg)
H&M sees big quarterly profit drop as stores attract fewer shoppers | The Independent | The Independent
![Shoppers are seen outside H&M store on London's Oxford Street. The retail sector faces difficulties as consumers cut down on spending and do more of their shopping online. A report by accountancy Shoppers are seen outside H&M store on London's Oxford Street. The retail sector faces difficulties as consumers cut down on spending and do more of their shopping online. A report by accountancy](https://l450v.alamy.com/450v/r16eyd/london-uk-9th-nov-2018-shoppers-are-seen-outside-hm-store-on-londons-oxford-streetthe-retail-sector-faces-difficulties-as-consumers-cut-down-on-spending-and-do-more-of-their-shopping-online-a-report-by-accountancy-firm-pwc-has-said-that-over-1000-stores-disappeared-from-britains-top-500-high-streets-in-the-first-six-months-of-the-year-credit-dinendra-hariasopa-imageszuma-wirealamy-live-news-r16eyd.jpg)
Shoppers are seen outside H&M store on London's Oxford Street. The retail sector faces difficulties as consumers cut down on spending and do more of their shopping online. A report by accountancy
![H&M expands its ecommerce business while shutting shops as shoppers shift online - Internet Retailing H&M expands its ecommerce business while shutting shops as shoppers shift online - Internet Retailing](https://internetretailing.net/wp-content/uploads/2022/01/40_Image_5_HM_Hammersmith_Thumb.jpg)
H&M expands its ecommerce business while shutting shops as shoppers shift online - Internet Retailing
![London, UK. 21st June, 2019. A man holds a H&M shopping bag outside the H&M departmental store on Oxford Street as summer sales begin. Many departmental stores are offering huge discounts as London, UK. 21st June, 2019. A man holds a H&M shopping bag outside the H&M departmental store on Oxford Street as summer sales begin. Many departmental stores are offering huge discounts as](https://c8.alamy.com/comp/TWMT64/london-uk-21st-june-2019-a-man-holds-a-hm-shopping-bag-outside-the-hm-departmental-store-on-oxford-street-as-summer-sales-begin-many-departmental-stores-are-offering-huge-discounts-as-they-face-competition-from-online-shopping-credit-dinendra-hariasopa-imageszuma-wirealamy-live-news-TWMT64.jpg)