These companies are closing locations in 2020

Updated on November 10, 2020

By Carla DeMaio

Retail bankruptcies hit an all-time high in the first quarter of 2018, even more than last year according to Business Insider. More defaults and bankruptcies are expected to come, says a report from S&P Global Ratings, with retail liquidations speeding up. The report also says the U.S. remains oversaturated with retail despite this.

Some of the businesses that have made this list might surprise you! On the face they might look fine — the clerks still have smiling faces when you walk in and the clothing is still folded neatly on the shelves. But behind the scenes, there’s turmoil! Curious to see if your favorite store is on the list? Read on…