United States: number of store closures of leading department stores 2016-2020
the leading department store retailer in the United States, closed 56 stores ending with a total of 789 stores. In the same year, JCPenney, once one of the biggest U.S. retailers, announced its bankruptcy in May 2020. The company closed 242 of its stores across the United States.
In 2020, Macy's,