Despite 7,500 Store Closures This Year, It’s Not All Doom and Gloom for Retail

So far in 2019, 3,064 stores have opened

Payless store with signs for closing sales
Payless closed 2,100 stores in 2019. Getty Images

Although it’s not quite the retail apocalypse, the industry has seen thousands of store closures this year, mostly because of a number of brands declaring bankruptcy.

@itstheannmarie annmarie.alcantara@adweek.com Ann-Marie Alcántara is a tech reporter for Adweek, focusing on direct-to-consumer brands and ecommerce.