US Store Closures 2020 Outlook: Covid-19 Update—Prolonged Impact Set To Drive Up Closures

What`s Inside

?In the context of the coronavirus pandemic, this report assesses the outlook for physical retail in the US over the remainder of 2020.

We discuss the following key topics: 

•     Year-to-date store closures, compared to data from 2019
•     Temporary store closures as a result of the coronavirus
•     The potential rise of bankruptcies across retail sectors
•     Implications of the pandemic for shopping malls

We also predict the total number of closures we expect to see in the US in the full-year 2020.

Click here to read the original US Store Closures 2020 Outlook, published on March 24, 2020.

Click here to read Coresight Research’s ongoing coverage of the coronavirus pandemic, and visit our Coronavirus Tracker for more information on temporary store closures and key developments.

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RSK: This is really a tragedy since most of the closures will be small retailers and ma and pop businesses. Covid isn`t the only reason I am sure.