These 25,000 retail dinosaurs will meet the meteor this year

As many as 25,000 retail stores may close this year due to the coronavirus pandemic, with a majority closing in shopping malls, further hastening the industry’s decline. That number would dwarf the prior record of 9,800 retail closures set in 2019, according to a new report from the retail data firm Coresight Research. First issued in March, the report estimated that 15,000 stores could close in 2020, but as the reach of the coronavirus grew

source https://therealdeal.com/2020/06/10/these-25000-retail-dinosaurs-will-meet-the-meteor-this-year/