'If this isn’t the retail apocalypse I don’t know what would be.' Thousands of stores will close as the coronavirus turbocharges a shift to ecommerce.
Even as malls and stores begin to reopen, the Covid-19 pandemic has taken a toll on an industry already battered by the shift to online shopping.
More than two million retail jobs disappeared in April as many stores closed. The damage will be clear Friday when the U.S. government reports what is expected to be one of the worst months for retailers since World War II.
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