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Retail apocalypse refers to the closing of numerous brick-and-mortar retail stores, especially those of large chains, beginning around 2010 [2] [3] and accelerating due to the mandatory closures during the COVID-19 pandemic. In 2017 alone, more than 12,000 physical stores closed.
28 gru 2022 · Major retail chains that no longer exist. At the start of this decade, many of America's beloved major retailers announced that they'd be closing their stores—Papyrus, Macy's, Pier 1 Imports, JCPenney—the list goes on.
29 gru 2019 · Store closings in the 2010s: The decade has been cruel to the retail industry with 2019 being a record year for closures.
26 kwi 2023 · Share Here’s a list of 154 bankruptcies in the retail apocalypse – and why they failed via Email. List Article. Retail & Services. From executive missteps to pandemic-related shutdowns, we look at why some of the biggest retailers, including Bed Bath & Beyond and JCPenney, have filed for bankruptcy.
The retail trade industry in the United States is no stranger to companies going bankrupt and store branches closing permanently, resulting in mass reductions in retail employment.
13 sty 2020 · These brand closures resulted in thousands of bricks and mortar store closures and tens of thousands of job losses. The following are some of the biggest retail businesses lost in the last...
23 gru 2019 · We're nearing the end of 2019, a year when as many as 9,300 stores are expected to close. A total of 1.3 million retail employees have lost their jobs this decade.
