Retail apocalypse: 4,810 closures in first three months of 2019

www.foxbusiness.com

The concept of store closures are nothing new, but numbers always help put things into perspective. There have been almost 5,000 store closures that have taken place in 2019, with companies ranging from JCPenney and Gap to discount chain Family Dollar shutting doors. The other side of that coin, however, is the more than 2,254 store openings so far this year from retailers such as Ulta Beauty, Indochino and Ross Stores. Maybe all is not lost for retail after all.

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