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Announced Store Closures on Pace to Set Record

Fallout Not Felt Equally Across the Retail Sector
By Kevin Cody
CoStar Advisory Services
September 11, 2020 | 2:25 P.M.

Retailers have now endured an arduous six-month stretch during which a global pandemic led to widespread lockdowns and an ensuing recession. For most, it has been a very bumpy ride. With more than three months remaining in the year, announced store closures for 2020 have already surpassed last year’s level and are now on pace to reach an all-time high.

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News | Announced Store Closures on Pace to Set Record