Adapting to Crisis

New Report Shows US Retail Could See More Store Closures Than Anticipated This Year

Apparel and department stores are expected to suffer most

sign that says this store is closing
A new report foresees "ominous implications" for malls. Getty Images

By Lisa Lacy

June 10, 2020

The U.S. retail industry will see as many as 20,000 to 25,000 store closures this year.

Lisa Lacy
@lisalacy lisa.lacy@adweek.com Lisa Lacy is Adweek's Commerce Editor.
Recommended articles
You Might Like

While Talk of the Post-Pandemic Future Is on the Rise, SMBs Continue to Struggle

By Lorenzo Papa, Chief Revenue Officer, Captivate

Why Print Matters More Than Ever in a Post-Pandemic World

By Tonya Powers, Director of Marketing Production Print Solutions, Canon Solutions America

3 New Behaviors of Media Consumers and What to Do About Them

By Zephr

Why Healthcare Marketers Are Turning to Streaming Audio to Build Vaccine Confidence

By Anna Clement

{"channel":"elasticpress","title":"Recommended","post_types":["post","page"],"lineup_id":"54851","since_qty":30,"since_time":"d","until_qty":0,"until_time":"m","q":"","num_posts":0,"vertical":"commerce"}