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).

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