During the course of the next few years, Dollar Tree plans to close almost 1,000 stores… Why are retailers closing thousands of stores if the U.S. economy is in good shape? Of course the truth is that the U.S. economy is not in good shape at all. The cost of living crisis is absolutely crushing working families all over the nation, and U.S. consumers simply don’t have as much discretionary income as they once did. Needless to say, our retailers are highly dependent on discretionary spending, and many of them have been reporting very disappointing sales numbers recently. Sadly, the problems that our retailers are experiencing are only going to intensify as U.S. economic activity continues to slow down.
https://www.activistpost.com/2024/08/a-retail-apocalypse-is-gaining-momentum-all-over-america-is-your-favorite-chain-closing-stores.html
During the course of the next few years, Dollar Tree plans to close almost 1,000 stores… Why are retailers closing thousands of stores if the U.S. economy is in good shape? Of course the truth is that the U.S. economy is not in good shape at all. The cost of living crisis is absolutely crushing working families all over the nation, and U.S. consumers simply don’t have as much discretionary income as they once did. Needless to say, our retailers are highly dependent on discretionary spending, and many of them have been reporting very disappointing sales numbers recently. Sadly, the problems that our retailers are experiencing are only going to intensify as U.S. economic activity continues to slow down. https://www.activistpost.com/2024/08/a-retail-apocalypse-is-gaining-momentum-all-over-america-is-your-favorite-chain-closing-stores.html
WWW.ACTIVISTPOST.COM
A “Retail Apocalypse” Is Gaining Momentum All Over America. Is Your Favorite Chain Closing Stores? - Activist Post
a home goods retailer that has been in business since 1890 is preparing to permanently shut down over 170 stores…
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