More than 2,200 stores are closing in 2020 as the retail apocalypse drags on. Here’s the full list – By Hayley Peterson (Business Insider) / Feb 3 2020
- Retailers have confirmed at least 2,200 store closings for 2020.
- Pier 1 Imports, Sears, Earth Fare, Forever 21, and Walgreens are among the retailers that are planning to close stores this year.
Retailers are expected to close more than 2,200 stores this year, following record-high rates of closings last year.
More than 9,300 store closings were announced in the US in 2019, smashing the previous record of roughly 8,000 store closures in 2017, according to an analysis by Business Insider.
The number of store closings this year could be even higher than previous records, according to estimates from the real estate firm Cushman & Wakefield. The firm estimated last year that as many as 12,000 major chain stores could close in 2020.
Retailers have so far confirmed at least 2,200 stores slated for closure in 2020, according to a Business Insider analysis.
Here’s a list of the stores expected to close this year.
Continue to article: https://www.businessinsider.com/stores-closing-in-2020-list-2020-1
