Over the past decade, one of the most damaging years for the retail industry in the United States was 2020, when the coronavirus (COVID-19) pandemic hit. That year, there were 52 bankruptcies announced by retail companies. As of July 2024, the number of bankrupcy announcements amounted to 21 in the United States.
Number of announced retail bankruptcies in the United States from 2010 to 2024
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S&P Global Market Intelligence. (July 14, 2024). Number of announced retail bankruptcies in the United States from 2010 to 2024 [Graph]. In Statista. Retrieved March 16, 2025, from https://www.statista.com/statistics/1212566/retail-bankruptcies-in-the-united-states/?__sso_cookie_checker=failed
S&P Global Market Intelligence. "Number of announced retail bankruptcies in the United States from 2010 to 2024." Chart. July 14, 2024. Statista. Accessed March 16, 2025. https://www.statista.com/statistics/1212566/retail-bankruptcies-in-the-united-states/?__sso_cookie_checker=failed
S&P Global Market Intelligence. (2024). Number of announced retail bankruptcies in the United States from 2010 to 2024. Statista. Statista Inc.. Accessed: March 16, 2025. https://www.statista.com/statistics/1212566/retail-bankruptcies-in-the-united-states/?__sso_cookie_checker=failed
S&P Global Market Intelligence. "Number of Announced Retail Bankruptcies in The United States from 2010 to 2024." Statista, Statista Inc., 14 Jul 2024, https://www.statista.com/statistics/1212566/retail-bankruptcies-in-the-united-states/?__sso_cookie_checker=failed
S&P Global Market Intelligence, Number of announced retail bankruptcies in the United States from 2010 to 2024 Statista, https://www.statista.com/statistics/1212566/retail-bankruptcies-in-the-united-states/?__sso_cookie_checker=failed (last visited March 16, 2025)
Number of announced retail bankruptcies in the United States from 2010 to 2024 [Graph], S&P Global Market Intelligence, July 14, 2024. [Online]. Available: https://www.statista.com/statistics/1212566/retail-bankruptcies-in-the-united-states/?__sso_cookie_checker=failed