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Coresight, which had previously forecasted around 15,000 closings for the year, updated its estimate on Tuesday in light of the "escalating impact of the coronavirus pandemic," it said. Retailers across the US have been reeling from the impact of the pandemic, which has kept many stores closed since mid-March. So far, nearlyas legacy names such as Victoria's Secret, Gap, and JCPenney have been forced to trim their store fleets.
LarryBoorstein This. THIS is what Republicans won’t pay attention to when making decisions about how to help the American people. THIS is what’s REALLY going on. Not minor percentage jumps on paper that they can point to as they let us starve. VoteThemAllOut2020 TrumpIsANationalDisgrace
retail brick and mortar have been on a losing battle since online shopping and delivery have progressively taken more of the sector. I'm not suggesting it's the nail in the coffin, but a prolonged period of absence has made it more clear that people can live without retail stores
This is going to happen in the UK too. Shop local, follow us
But remain calm, stock markets are at highs. The rich are fine through BAILOUTS and eventually getting your $1200 too once you pay your bills.
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