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2021-01-29 — bisnow.com
About 10,000 stores will close nationwide this year, according to a new report by Coresight Research. That would set a record for retail closures in a calendar year, besting the 8,741 closures in 2020, when the coronavirus pandemic accelerated already-grim circumstances for the retail industry...
Last year saw 33 major retailers file for bankruptcy, each precipitating closures. So far this year, three major retailers have filed: Christopher & Banks, which will close most of its 449 locations; Godiva Chocolatier, which will close all of its 128 North American stores; and department store Belk, which hasn't announced closures yet.
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