Subscribe
Business

9,300 department stores shuttered in US this year

By Spencer Neale
Published
Add Washington Examiner on Google
9,300 department stores shuttered in US this year

The economy may be soaring, but retail stores in the United States experienced their worst year on record with 9,302 physical locations closing according to a report by Coresight Research.

The closings represent a 59% rise since 2018 when Toys “R” Us topped the annual list. Companies most affected by the terminations are Payless, Gymboree, Family Dollar, Sears, and Gap (which includes Old Navy, Banana Republic, Athleta stores in their grouping).

Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.

Tag:

Bankruptcy Donald Trump Jobs Retail