As many as 25,000 retail stores could close in 2020

The US could see 20,000 to 25,000 store closures as coronavirus-spurred joblessness and sheltering in place have decimated brick-and-mortar retail sales, according to stats released Tuesday. Coresight Research’s data also indicate that 55 percent to 60 percent of the unlucky retailers reside in malls. It’s sobering news for physical retailers of all locations, given that…
Business | New York Post

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