Retailers projected to shutter as many as 25,000 stores this year

 

Source: Rachel Siegel, Washington Post ( Paid Registration )

Consumers may be eager to hit their nearest reopened mall, but it could already be too late for many struggling retailers.

U.S. retailers will shutter 20,000 to 25,000 stores this year, according to projections released Tuesday by Coresight Research, with as much as 60 percent of those closures occurring in malls.

Read Full Article: Retailers projected to shutter as many as 25,000 stores this year

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