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COVID-19

Retail decline continues with bankruptcies and closures sped up by pandemic

by Justin Ho

Sep 29, 2020

Many retailers rely on robust holiday sales to boost the year's bottom line. Thanks to COVID-19, good luck with that.

A pedestrian walks past a permanently closed Jos. A. Bank clothing store in August in San Francisco. Tailored Brands, the parent company of Jos. A. Bank and Men's Wearhouse, is one of 29 big retailers to file for bankruptcy this year.

Justin Sullivan/Getty Images

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