Forever 21 BK Adds To Retail Apocalypse: 2019 Store Closures To Hit Record 12,000

Even before the Forever 21 bankruptcy, the ~11,000 announced and completed store closures in the US were already on track to exceed to the totals from the past few years. One research shop projects annual closures in 2019 to hit 12,000 by year end.

https://www.zerohedge.com/s3/files/inline-images/2019-09-30%20%281%29.png?itok=_L4Tdho9

 

 

 

 

 

 

https://www.zerohedge.com/markets/retail-apocalypse-continues-forever-21-files-bankruptcy-30000-jobs-risk