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1st case of CoronaVirus (COVID 19) was reported on: December 31, 2019 Chinese Lunar New Year began on: Saturday, January 25th 2020 Cities Under Lockdown (MARTIAL LAW) Wuhan (Hubei Province), China : … Read more
by Dr. Eowyn The retail apocalypse of America’s brick-and-mortar stores continues. Here are the dying or dead retail stores (USA Today): All Dressbarn stores are closing. Forever 21 filed for Chapter 11 bankruptcy … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more