"Sure. I know three businesses that have closed their doors for good in my city so far. Several chains are closing many restaurants nationwide and JCPenny is filing for bankruptcy."
Business like JCPenny were hurting before the virus, take a look at Sears.
I know a lot of Mom and Pa restaurants are going under. Those are my brothers customers. He is collecting his equipment he leases out to them. He believes a lot of those will declare bankruptcy then reopen under a new Name. He will be there when they reopen to help them set up.
Here is list of Restaurants from Dec 11, 2019 that were not doing good before the virus. The virus is the fat lady singing
Restaurant chains that might be closing in 2020
Gap, Tesla and Victoria’s Secret are among the nearly 5,000 store closings already in 2019