As Joe Dredge pointed out in his post yesterday, the last remaining Sears store in Illinois is closing. Their Schaumberg store, Illinois' last open Sears, is done in November.
No matter how you look at it, 35 percent is a huge number of small businesses that have either temporarily or permanently closed their doors because of COVID-19.
For the company that started out as a watch company back in the 1880s, the clock has been ticking for quite a while on how long they'll be in business.