- “In numbers compiled for this Forbes.com story, new research shows that since 2018 approximately 22% of all the department stores in the country have closed or will close before the end of the year.
- This represents 798 individual department stores, including entire companies that have gone out of business, companies in chapter 11 bankruptcy proceedings who have announced closings and on-going retailers who have closed, or will close, selected units.”
https://www.google.com/amp/s/www.forbes.com/sites/warrenshoulberg/2020/07/21/unprecedented-decline-one-fifth-of-all-american-department-stores-have-closed-since-2018/amp/
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