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This year, up to 12,000 stores could close in the United States
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According to Business Insider1s analysis, more than 9,300 stores were closed in the United States in 2019, while 8,000 stores in 2017 – origo wrote.
The Cushman & Wakefield real estate estimates that more closures are expected this year – analysts said this year 12,000 stores might close in the States.
The Papyrus chain went bankrupt early this year, with 254 stores closing in the United States and Canada. (origo)
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