Retailers in the U.S. faced a challenging year in 2024. By year-end, the sector will have recorded 7,327 store closures, a 57 ...
Throughout the past few months some stores, like Big Lots and Party City, have been closing.
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The Centre for Retail Research has predicted that store closures will rise to around 17,350 in 2025, from 13,479 in 2024, as business rates take a toll on retailers.
A STAGGERING 17,350 shops could shutter this year because of Labour’s tax-whacking Budget, economists have warned. Experts braced Britain for a high street cull far beyond the 13,000 stores that ...
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Store closures warning: 17,000 high street shops at risk 'due to Reeves's National Insurance tax hike'Britain's high streets are facing a devastating blow with more than 17,000 shops expected to close this year amid mounting ...
It was another tough year for restaurants and traditional brick-and-mortar retailers. Several national chains announced ...
The retail sector has been in crisis for a decade and there's no end in sight, according to the Centre for Retail Research ...
The closures follow a growing trend in the industry. A recent study published in Health Affairs found that more than 29% of the nearly 89,000 retail U.S. pharmacies that operated between 2010 and ...
Macy’s is closing 65 stores in fiscal year 2024 alone, according to the company’s latest quarterly earnings report. The ...
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