Retail and Restaurant Bankruptcies Surge in 2024

Coresight Research reports a spike in retail bankruptcies to 48 in 2024, up from 25 in 2023, while 22 restaurant chains filed for bankruptcy, marking a four-year high.

An illustration showing a graph with an upward trend, symbolizing the increase in bankruptcy filings
Retail and Restaurant Bankruptcies Surge in 2024

Coresight Research reported 48 retail bankruptcies in 2024, up from 25 the previous year, while 22 restaurant chains filed for bankruptcy, the highest since 2020.

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