Store closings triple: These 20 retailers are closing the most locations
Updated July 03, 2017
Posted July 03, 2017
If you feel like you hear about another store closing every week, you’re not wrong.
More than 5,300 store closing announcements were issued during the first six months of the year. That’s triple the number of closings during the first half of 2016 and a new rate of 29 store closings a day. Scroll down to see a list of the largest closures.
At this rate, 2017 numbers are expected to surpass the highest rate on record when 6,164 stores closed in 2008 during the Great Recession.