---
title: "Retail Store Closures Could Reach Record Numbers by End of 2019"
url: https://burnaze.com/article/f5e72fa8-294c-462c-9d23-4cfa4c6fef9d
source: "1851 Franchise"
original_url: https://1851franchise.com/retail-store-closures-could-reach-record-numbers-by-end-of-2019-2710521
category: "Specialty retail"
industry: "Retail"
segment: "Specialty retail"
published: 2019-07-15T15:10:01.000Z
modified: 2026-11-01T02:31:40.254Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/0e502e2097235b6f2c15a47ba9bbb2203098.jpg
---

# Retail Store Closures Could Reach Record Numbers by End of 2019

**TL;DR:** Brick-and-mortar retail operations are suffering mass closures due to the rise of e-commerce giants like Amazon, with 2019 closures on track to exceed 2017's record of 8,139. Younger, internet-based brands are taking over the retail industry, affecting major mall owners like Simon and Macerich.

*originally published in 1851 Franchise on 2019-07-15. [Read the original](https://1851franchise.com/retail-store-closures-could-reach-record-numbers-by-end-of-2019-2710521).*

## Story

In the wake of e-commerce giants such as Amazon, brick-and-mortar retail operations continue to suffer mass closures as reported by CNBC. This year’s closures have already surpassed last year’s 5,524 according to CoreSight, a record low following 2017’s all-time-high of 8,139. Only a little over halfway through the year, 2019’s closures are on trend to exceed 2017’s record and potentially even reach 12,000 closures overall.

Younger, internet-based and e-commerce brands are taking over the retail industry. This shift has also had an effect on major U.S. mall-owners such as Simon and Macerich, who have been feeling the downtrend of once-popular department stores for at least a decade.

As retailers try to reinvent the mall-model and drive more business to physical stores, many popular brands are filing for bankruptcy or shuttering dozens of locations. Among these national brands are Fred’s, Charming Charlie, Bed Bath & Beyond, CVS, Dressbarn, Party City, Victoria’s Secret and more.

## Entities

- 1851 Franchise (publication)
- Retail (sector)
- Amazon (company)
- e-commerce (topic)
- bankruptcy (topic)
- Bed Bath & Beyond (company)
- CNBC (regulator)
- retail closures (topic)
- mall owners (topic)

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Originally reported by 1851 Franchise (https://1851franchise.com/retail-store-closures-could-reach-record-numbers-by-end-of-2019-2710521). Summarized by Burnaze (https://burnaze.com/article/f5e72fa8-294c-462c-9d23-4cfa4c6fef9d).