A tsunami of store closings is about to hit the US and its expected to eclipse the retail carnage of 2017

Curated by Paul Helmick

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  • More than 12,000 stores are expected to close in 2018 — up from roughly 9,000 in 2017 – a jump of 33% as 25 major retailers could file for bankruptcy
  • The closings will push hundreds of shopping malls to the brink of death – almost 25% (roughly 310 of the nation’s 1,300 shopping malls) are at high risk of losing an anchor tenant
  • See the second chart below for a list of the major closures by brand and number of stores.

Store closures

 

BI Graphics_Store closing in 2018

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A tsunami of store closings is about to hit the US and its expected to eclipse the retail carnage of 2017