Tag: Chapter 11
Business

A record 12,200 U.S. stores closed in 2020 as e-commerce, pandemic changed retail forever

When it comes to store closings, 2020 was a year for the record books. Ravaged by a pandemic that shuttered stores for weeks in the spring—driving more spending online—retailers big and small closed 12,200 stores in the U.S. last year, according to a compilation released on Wednesday by commercial real estate firm CoStar Group. In […]

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Business COVID 19

14 of the Largest Inventories of 2020–and That Are Following in 2021 

1 sector after another saw action grind to a near stop in March since the stunt broke out from the USA. Retailers argued with shops closed for shoppers and weeks too shellshocked to invest on anything essentials; electricity firms confronted large reductions in demand as well as by extension{} ; healthcare firms dealt with the […]

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