YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Retail's toughest year: A record for store closings

Posted online

CNNMoney reports 2017 was the toughest year yet for brick-and-mortar retailers.

During the year, store closing announcements more than tripled to about 7,000, a record, according to retail think tank Fung Global Retail and Technology.

BankruptcyData.com reports retail bankruptcy filings totaled 662 in 2017, a 30 percent increase from 2016.

Read more from CNNMoney.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read
Update cookies preferences