This year, up to 12,000 stores could close in the United States
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)
Related news
The tariff war is also hitting German industry
German manufacturing companies saw their export prospects for August worsen…
Read more >Pharmaceutical manufacturers can breathe a sigh of relief: the 250 percent punitive tariff in the USA is not coming
Good news has arrived for European – including Hungarian –…
Read more >Radioactive contamination found in a popular product
The U.S. Food and Drug Administration (FDA) has issued a…
Read more >Related news
KSH: the rate of wage increases exceeds inflation, the countryside is catching up
According to the latest data from the Hungarian Central Statistical…
Read more >Food industry investment boom possible: nearly 200 billion forints in support decided
The first decisions have been made on supporting larger-scale developments…
Read more >K&H Analyst Commentary: Households will receive support
In June, the gross average wage increased by 9.7 percent…
Read more >