With temporary closures, mandatory stay-at-home orders, and social distancing requirements, the coronavirus pandemic has been hard on businesses. Unfortunately, some of them may not be able to withstand the devastating blow that the pandemic has created. That being said, here are ten companies that might not make it out of the pandemic alive.
Sears was already on the brink of closure prior to the coronavirus outbreak, so it comes as no surprise that this brand might not survive the pandemic. In fact, Sears has been continuously and permanently closing stores for years, even after emerging from bankruptcy some time ago. By the end of February it was down to 182 stores. Meanwhile, Sears announced in early April that it would close all its locations through at least April 30 in response to the coronavirus outbreak. Whether those locations will reopen after the pandemic passes remains to be seen.