Store closures

• Global retail company closes 132 stores across several brands - Traditional retail stores are disappearing rapidly, leaving behind empty mall storefronts and shuttered stand-alone locations across the globe. Rising operating costs, combined with the continued growth of e-commerce, have changed consumer
• Major furniture brand closes stores in 14 states after bankruptcy - Many retailers went bankrupt and closed stores in 2025. In fact, according to Coresight Research, retailers vacated 120 million square feet of retail space this year as a result of store closures and bankruptcies. Some of the stores that ha