US retailers forced to shut 7,000 stores in first half of 2019
US retailers shut more stores in the first half of 2019 than in previous years as they face bankruptcies, trade tariffs and online competition with more pain ahead for brick-and-mortar businesses.
Retailers shut 7,000 stores in the first six months of the year, exceeding the total store closures of about 6,000 in 2018, according to accountancy and business advisory firm BDO. Closures are expected to double in 2019.
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