Sales were up during the holidays, but companies like Pier 1, Papyrus and Express say they're closing 1,000 stores. And that's just the beginning

The 10,800 stores closed by retailers last year wasn’t enough: just one month into 2020, they have announced plans to close 1,000 more.“It’s sad, there are a lot of things closing,” said Patti Maher, 57, of Orland Park, Ill., browsing liquidation sales at Papyrus’s Water Tower Place store in Chicago on Wednesday. The greeting card chain is closing all 254 stores after seeking bankruptcy protection in mid-January.Maher blamed shoppers’ growing reliance on Amazon, saying she still prefers shopping in stores.“I try to support the little guys, not just big companies,” she said.The news looks grim ...

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