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 ...
The US retail market took a beating in 2024, with year-end figures showing an alarming spike in store closures across the ...
According to research, more than 7,300 stores closed in 2024. It's the highest annual number of stores closed since 2020 when ...
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Some major retailers are struggling to attract customers, leading to more than 7,100 store closures in 2024 — a 69% jump from ...
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.
The economy appears to be plugging right along, but there are some foul currents running under the surface as major retailers ...
Throughout the past few months some stores, like Big Lots and Party City, have been closing.
The retail sector has been in crisis for a decade and there's no end in sight, according to the Centre for Retail Research ...
It was another tough year for restaurants and traditional brick-and-mortar retailers. Several national chains announced closures and bankruptcies in 2024 – not to mention the local small ...