The latest store to file for bankruptcy and going out of business is Pier 1 Imports. This seems to be the trend because of a variety of factors including the coronavirus pandemic.
It looks like another retail box store may be going out of business. It's the latest in the brick and mortar stores trying to keep up with online sales. Bed Bath & Beyond could be next to shut its doors.
Another major retailer is filing for bankruptcy and closing stores all over the country. It looks as if the one in Crossgates Mall may be on the chopping block.