Number of store closures announced by bankrupt retailers in H1 2020 U.S.

Published by
Tugba Sabanoglu,
Sep 26, 2022
In the first half of 2020, across the retail industry in the United States many retailers and leisure businesses filed for bankruptcy, following which came store closure announcements. JCPenney is one of the leading U.S. retailers to have done so. The retail company announced that 157 of its retail stores were to be closed as a result of going bankrupt.

Number of announced store closures caused by banktuptcy in the first half of 2020 in the United States, by retailer

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Source

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Release date

September 2020

Region

United States

Survey time period

Through mid-August 2020

Supplementary notes

* Filed for bankruptcy but did not announce store closures as of mid-2020.

The source indicates that figures were gathered from SEC Filings, Bankruptcy Court Filings, Company Press Releases, and Debtwire.

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