The Retail Apocalypse
Reeling from the lasting effects of the COVID-19 pandemic and changing consumer habits, many well-known retailers have been forced to shut their doors in recent years. And the list is likely to continue to grow. Analysts say Bed Bath & Beyond, Rite Aid, Party City, and Tuesday Morning are among retailers facing an elevated risk of bankruptcy as a global recession looms and may join the ranks of stores that are no more. From Lord & Taylor to Borders, you may not realize how many favorites have disappeared over the decades.
Christine Clark and Jeff Rindskopf contributed to this report.