Retail store closures break annual records with months to go in 2020

Published September 29, 2020 8:57pm ET



More retail stores have already announced closures in 2020 than in all of 2019, the previous record year, according to a report by professional services firm BDO USA.

Through mid-August, more than 10,000 stores had closed, a number that partly reflects the 29 retail chains that have claimed bankruptcy so far this year. Many are household names, such as Pier 1, J. Crew, Neiman Marcus, J.C. Penney, Brooks Brothers, and Ascena, which owns Ann Taylor, LOFT, and Lane Bryant.

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.