If this year's closures are any indication — and if the economy worsens — they won't be alone.
2025 is still more than a month away, but it's already shaping up to be another rocky year for retail.
Analysts at UBS project the total number of US retail closures could reach 45,000 over the next five years.
For one thing, even healthy retailers like Walmart and Target periodically review and trim their store fleets in the normal course of business.
In any event, the year hasn't even begun, but nearly 1,500 retail closures are slated — already roughly half the amount BI has tracked for full-year totals in recent years.
Persons:
—, Topping, Shane O'Kelly, Donald Trump's
Organizations:
Parts, Walgreens, UBS, Coresight Research, Walmart, Target, Blockbuster