Consumers reach their breaking point, forcing retailers to shutter stores at a worrying pace
By Nathaniel Meyersohn, CNN New York (CNN) — Family Dollar has announced 677 store closings this year. Walgreens is closing 259. Big Lots is closing 360. LL Flooring is shutting down entirely. Major retailers have announced 6,189 store closures so far this year, already outpacing last year’s total of 5,553, according to Coresight Research. Chains
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