Special Report

Great American Businesses Closed Because of Coronavirus

The coronavirus was officially declared a pandemic nearly two months ago, and measures to contain its spread have resulted in companies of all sizes closing their doors and mostly remaining closed since. To help small businesses struggling to stay afloat, Congress passed a second relief package worth hundreds of billions of dollars. Some of the largest, most well-known businesses, too, are facing unprecedented hardship. 

24/7 Wall St. compiled a list of famous businesses in the United States that have closed their doors because of the impact of the coronavirus. 

Some large retailers are facing a difficult choice about whether to reopen their stores in states where restrictions have begun to relax. As of May 5, there were 18 states that have already let their stay-at-home orders expire and eight that never implemented them at all, though many of those states still have standing restrictions on nonessential businesses. Some of the businesses on this list can reopen in some of these states but have chosen not to. This is when every state plans to lift COVID-19 restrictions.

While many large companies have continued to pay and provide benefits for their workers even while their doors are closed, others have not been able to. More than 30 million Americans have filed for unemployment since mid-March, when coronavirus restrictions began going into effect. Establishments like restaurants, bars, and hotels have been hit the hardest. These are the industries being devastated by the coronavirus.

Click here to see the iconic businesses closed because of coronavirus

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