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

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

@lisalacy Lisa Lacy is Adweek's Commerce Editor.