Retail News

Retail apocalypse’ continued in 2020: JCPenney, GameStop, Gap and more than 40 other retailers closed thousands of stores

The “retail apocalypse” has been going on for several years and this year was no different.

It is fair to say that the majority of retailers closed stores at least temporarily due to COVID-19. But more than 40 retailers have announced plans to close some or all of their stores permanently in 2020.

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