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Forever 21 and Payless ShoeSource are two of the largest companies that have filed for bankruptcy in 2019, according to Chapter11Dockets.com.
Remember Blockbuster, Limited Too, and Circuit City? Stores like these thrived in the '90s, but many failed to sustain momentum in modern retail.
UBS estimated in May that if the Trump administration adds 25% tariffs to all remaining imports from China, an additional 12,000 stores could close.