As a “retail apocalypse” sweeps the United States, tens of thousands of stores are expected to shut down. This comes as we recently learned that all the Bed Bath and Beyond stores, along with Tuesday Morning stores, will be closing this year. This is in addition to the 2,000 that have already closed this year.
Currently, there are approximately 940,000 brick-and-mortar stores in the United States. Wall Street analysts conservatively predict that 50,000 stores will permanently close doors within the next five years. However, if the economy continues heading towards a prolonged recession, the number could reach upwards of 90,000 stores by 2027.
[ + ] Deleted
[ - ] deleted 2 points 2.0 yearsMay 5, 2023 05:08:13 ago (+2/-0)
[ + ] prototype
[ - ] prototype 0 points 2.0 yearsMay 5, 2023 16:54:10 ago (+0/-0)
They can replace them now, the companies making them are just retarded about the training regime and setup to make them effective.
Also the banks aren't providing loans for the chnangeover, least of all to the 1/3rd of small businesses that will make up 90% of the shutdown. Thats because the banks are vultures and are more interested in picking the assets, if not the bones, of the economy they are destroying for the sake of wealth consolidation.
[ + ] Deleted
[ - ] deleted 0 points 2.0 yearsMay 5, 2023 21:14:12 ago (+0/-0)
[ + ] RMGoetbbels
[ - ] RMGoetbbels 1 point 2.0 yearsMay 5, 2023 04:59:48 ago (+1/-0)