Fox 5 New York
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Retail closures surge: Study predicts 15,000 stores closing in 2024
Posted
January 28, 2025
Views
4,144
Likes
36
Comments
19
Engagement
1.33%
January 28, 2025
4,144
36
19
1.33%
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2:18Now PlayingEmpty storefronts are becoming a familiar sight across the nation as experts predict a record 15,000 retail stores could close in 2024. FOX 5's Kendall Green speaks with John Carrol of Coresight Research and David Silverman of Fitch Ratings about the rise of e-commerce giants like Amazon and Shein, the challenges facing brick-and-mortar retailers like Party City and Walgreens, and what it will take to attract shoppers back to stores.
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