https://www.youtube.com/watch?v=6N7EDOris1g Things aren’t looking good for the biggest coffee chain in the world. Starbucks is closing hundreds of stores right now, and there are many reasons behind this decision. Some store formats are simply not working anymore. In addition, several …
https://www.youtube.com/watch?v=vVTqzQN9dU4 Now several Whole Foods stores are being shuttered as fears of retail bankruptcies grow across the sector. Experts are saying that the organic supermarket chain is Amazon’s biggest risk and many pieces of evidence show why Whole Food locations …
https://www.youtube.com/watch?v=eho9x5DgJdI A large number of Walmart stores are set to close down permanently next month as conditions continue to deteriorate for U.S. grocers. The biggest retailer in the world hasn’t been immune from the devastating effects of the retail apocalypse, …
by The Ghost THIS IS A DEVLOPING WEATHER SITUATION PLEASE STAY TUNED TO YOUR LOCAL WEATHER SOURCE FOR THE LATEST UPDATES: STAY SAFE EVERY ONE ! GET YOUR STUFF READY !!! MAJOR HURRICANE EXPECTED FOR LANDFALL DURING WEEKEND.. —————— Evacuations Lafourche …
KABUL, Aug 22 (Reuters) – A week after the Taliban’s lightning seizure of Kabul, growing numbers of people in the Afghan capital are facing a daily struggle to get by with their jobs gone, banks still shuttered and food prices …
The Next “Big Short” Trade Is Back: Malls Are On The Cusp Implosion … Again Over the last 48 hours, several big names in the American mall industry announced they would be slashing store counts to the tune of over …
via businessinsider: Gap, JCPenney, and Victoria’s Secret announced more than 300 store closures over the course of 24 hours this week. All three companies reported declining same-store sales during the critical holiday period. Tesla also announced it would shutter many of its 378 stores, with …
Retail sales drop the most since September 2009 U.S. retail sales recorded their biggest drop in more than nine years in December as receipts fell across the board, suggesting a sharp slowdown in economic activity at the end of 2018. …
by stockboardasset While the stock market could indeed be in the most extended bull market in history, there are new, troubling signs that the real economy is faltering. A new report has sounded the alarm about the pace of hospital closures across the …
by stockboardasset Closed storefronts are typical in American cities across shopping malls that once flourished in commercial zones of suburbia are now empty and abandoned. As the retail apocalypse deepens, more than 3,800 stores are expected to close across the country …
by Thinker ll the places where the stores are closing, what other events have happened in these areas that have made national news. There are those who have conspired against the sitting president, but it is the deep state board …
by Anthony B Sanders Toys R Us, along with several other retail stores like Macy’s, Sears, JC Penney (not to mention Limited Stores), are literally “Out of Time.” In other words, that are from a pre-internet shopping/Amazon era. Jan. 24 (Washington Post) …
From Business Insider: Retailers are bracing for a fresh wave of store closings in 2018 that is expected to eclipse the rash of closings that rocked the industry last year. “Landlords are panicking,” said Larry Perkins, the CEO and founder of …
By Michael Snyder Did you know that the number of retail store closings in 2017 has already tripled the number from all of 2016? Last year, a total of 2,056 store locations were closed down, but this year more than 6,700 stores have been shut down …
By Michael Snyder If the U.S. economy is doing just fine, why have we already shattered the all-time record for retail store closings in a single year? Whenever I write about our “retail apocalypse”, many try to counter my arguments by …
by Chris According to the Swiss bank’s calculations, on a unit basis, approximately 2,880 store closings were announced YTD, more than twice as many closings as the 1,153 announced during the same period last year. Historically, roughly 60% of store …