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Retailers Announce More Store Openings Than Closings in 2023

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After two years of relative quiet on the retail bankruptcy front, the retail sector was rocked by several large bankruptcies in 2023. Rite Aid, Party City, Bed Bath and Beyond, Tuesday Morning and David’s Bridal were among the retailers that filed for bankruptcy this year, temporarily reinvigorating chatter of a retail apocalypse and giving market participants déjà vu from years past.

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