Retail Apocalypse Intensifies—-25,000 More Store Closures Loom in 2020

The report, commissioned by Coresight Research, forecasts that in 2020, upwards of 25,000 retailers could shutter operations after months of lockdowns decimated mall traffic — collapsing store sales and resulting in delinquent rent payments.

 

 

 

 

 

https://www.zerohedge.com/markets/retail-apocalypse-meets-pandemic-could-trigger-25000-store-closures-year