By mid-2025, 120 million square feet of retail space has been permanently erased from the American map. Let’s put that in perspective — that’s enough square footage to fit more than 2,000 football fields, gone in less than eight months. And unlike the brief shock of 2020’s pandemic closures, this is no “temporary” disruption. This is structural, systemic, and intentional. The official numbers are grim: 5,822 store closures recorded by June 27, compared to 3,496 at the same point in 2024. Bankruptcy roll calls include At Home, Rite Aid, Claire’s, Big Lots, Joann Fabrics, Kohl’s, JCPenney, Macy’s, and Party City. And the year’s only half over. The Corporate Funeral March The headlines make it sound like an accident — “economic…
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