As Many as 25,000 U.S Stores May Close in 2020, Mostly in Malls

Bloomberg, June 8, 2020–Kim Bhasin
As many as 25,000 U.S. stores could close permanently this year after the coronavirus pandemic devastated an industry where many mall-based retailers were already struggling. The number would shatter the record set in 2019, when more than 9,800 stores closed their doors for good, according to a report from retail and tech data firm Coresight Research.