RAB Research Archive

Study: Nearly 60% of small retail businesses at risk of closing



The summer of 2022 isn’t shaping up as a particularly good one for most small businesses, particularly retail. Nearly half (47%) of small business owners said their businesses are in jeopardy of closing by the fall, according to a survey by Alignable, the largest online referral network for small businesses. The figure is up 12% from last summer, when 35% of businesses said they were on the brink. The poll was conducted among 4,392 small business owners in June and July.

Source: Chain Store Age



View or Download: https://chainstoreage.com/study-nearly-60-small-retail-businesses-risk-closing

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