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Can We Finally See Fewer Retail Closures in 2022?

Can We Finally See Fewer Retail Closures in 2022?

It's easy to blame an uptick in store closures on the COVID-19 pandemic. The reality, though, is that stores were shuttering even before the pandemic was on anybody's radar. In 2020, 40 major retailers filed for bankruptcy, reports real estate data firm CoStar Group.