America's retail apocalypse is gathering pace with as many as 3,200 stores set to shut for good by the end of the year.Bankrupt brands such as Bed, Bath & Beyond, Rite Aid pharmacy, and Tuesday Morning , while household names including Gap, Target, and CVS are closing major city stores as part of 'restructuring' projects. A staggering rise in shoplifting rates, low store inventory, and a switch from in-person shopping to the online sphere are among the chief causes behind the slow death of the shopping mall in 2023.
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