Insight ReportSmall Businesses in US Retail: Five Things To Know About Their Pandemic-Led Collapse and Renaissance Coresight Research June 23, 2021 Reasons to ReadSmall businesses were hit especially hard at the outset of the pandemic-induced economic crash but have since recovered well. We discuss the state of small businesses in the US today, with a focus on retail. We draw comparisons to the recovery of small businesses following the 2008 global financial crisis (GFC) to frame the current rebound. We present five things to know across the following topics: Business closures at the outset of the Covid-19 crisis Patterns of closures amid the GFC and Covid-19 New openings of small businesses Pandemic recovery so far and the challenges ahead Small businesses that are best positioned to thrive moving forward Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Positive Sentiment Trend Comes to an End; Kohl’s Leads in Department Store Shopping: US Consumer Survey InsightsHoliday 2024: UK Retail Wrap-Up—Cautious Spending and Late Shopping Fuel Volatile Peak TradingWeekly US and UK Store Openings and Closures Tracker 2025, Week 8: US Store Closures Exceed 3,000, Up 420% Year Over YearWeekly US Store Openings and Closures Tracker 2025, Week 25: Furniture Frenzy—At Home’s Bankruptcy, Ashley’s Store Renewal and Openings from IKEA, Wayfair and More
