• More store closings have been announced already this year than in all of 2018, according to new research.
  • A report from Coresight Research found the retail apocalypse to be continuing, with 5,994 store closings announced in the US this year compared with 5,864 in all of 2018.
  • Some retailers including Fred’s and Family Dollar are closing select stores in a bid to stay profitable, while chains like Payless have announced they are shuttering all of their stores.
  • One report predicted that 75,000 stores would close across North America by 2026 as reliance on e-commerce rises.
  • Visit BusinessInsider.com for more stories.

An error has occurred

Business Insider

Sign up for our best stories delivered to your inbox

By clicking Sign Up, you agree to receive marketing emails from Insider Inc. and accept our Terms of Service and Privacy Policy.

The retail apocalypse is raging on with almost 6,000 store closings announced so far in 2019 — more than the entirety of last year.

According to a new report from Coresight Research, US retailers have announced 5,994 store closings this year, compared with 5,864 store closings in all of 2018.

The recent announcement by…