QualityHD / Shutterstock . TAMPA, Fla. - Additional store closures have been announced -- this time by TJX which owns Marshalls, TJ Maxx and HomeGoods. Stores closing in 2020: 1. Marietta Main Street is hosting an event called Give Big, Help Small to support local small businesses. As many as 25,000 stores could shutter this year as businesses continue to feel the impacts of the The global market research firm previously estimated 15,000 stores would close this year following a "We anticipate that approximately 55%-60% of all store closures will be mall-based," Coresight said in the report released Tuesday. GNC, which has been selling nutrition and diet products since 1935, is slimming down in a big way. An industrial park in Athens County gets JobsOhio money for continued development.Record number of stores expected to permanently close this yearApple closes stores in 4 states, again, as infections riseMarietta Main Street hosts Give Big, Help Small to support local businessesTJ Maxx, Marshalls, HomeGoods to reopen all stores in next month Most Ohio stores reopened last month, so her local store “is very picked over,” she said, and doesn’t have a Runway section, T.J. Maxx’s selection of discounted high-end designer brands. TJX announced Thursday it will temporarily close all of its stores due to the COVID-19 outbreak, according to a company statement.
Updated: Jun. GNC. 1. Ross, T.J. Maxx and more than 60 other big name retailers in Cumberland County: What stores have reopened? (Source: WLFI, TUESDAY MORNING, CNN)The report by Coresight Research says more than 4,000 stores have already said they will permanently close in 2020.Consumer confidence and demand is expected to stall in the coming months, sparking additional closings, according to the report.The largest number of closures are expected in apparel, retail and department stores.JC Penney and Pier 1 Imports have already filed for bankruptcy and plan to close hundreds of stores.GNC and Victoria's Secret are closing hundreds more.More than half of the store closures are expected to take place at malls.Indoor shopping malls have been struggling in recent years amid declining foot traffic and fierce online competition.Coresight says retailers that were struggling to stay in business before the pandemic are unlikely to recover.Apple is closing 11 stores in Arizona, Florida, North Carolina and South Carolina that it had opened just few weeks after reopening them.Marietta Main Street is hosting an event called Give Big, Help Small to support local small businesses. "The coronavirus outbreak could accelerate a correction in mall space that already looks overdue.
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