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11 minutes

US Retail Bankruptcies: Store Closures Set To Spike amid Acceleration in Bankruptcy Filings

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Other Contributors:
Vineeth Gangadharan
Store Tracker

What's Inside

In the wake of the coronavirus crisis, a number of US retailers have filed for bankruptcy. We outline recent developments and their implications for the retail industry, as well as our expectations for the acceleration of bankruptcy filings and store closures through the remainder of the year.

This report covers the following content:

  • The impact of bankruptcies on the retail industry
  • Year to date bankruptcy filings from major US retailers—most notably in the department-store and apparel sectors
  • Consumer avoidance behavior and its significance for struggling retailers
  • Moves by mall owners to acquire bankrupt retailers
  • Implications for brands, retailers and real-estate firms

Click here to read our US Store Closures 2020 Outlook.

Click here to read our separate report that further explores how REITs are looking to acquire struggling retailers.

Click here to read Coresight Research’s ongoing coverage of the coronavirus pandemic, and visit our Coronavirus Tracker for more information on temporary store closures and key developments.

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