Retail apocalypse as the retail bubble starts to pop- and stop blaming online sales which are only 10% of the market

[justicia]

If the U.S. economy is doing great, then why are all of these retailers closing down locations?

1. Abercrombie & Fitch: 60 stores
2. Aerosoles: 88 stores
3. American Apparel: 110 stores
4. BCBG: 118 stores
5. Bebe: 168 stores
6. The Children’s Place: hundreds of stores to be closed by 2020
7. CVS: 70 stores
8. Guess: 60 stores
9. Gymboree: 350 stores
10. HHgregg: 220 stores
11. J.Crew: 50 stores
12. JC Penney: 138 stores
13. The Limited: 250 stores
14. Macy’s: 68 stores
15. Michael Kors: 125 stores
16. Payless: 800 stores
17. RadioShack: more than 1,000 stores
18. Rue21: up to 400 stores
19. Sears/Kmart: more than 300 stores
20. Wet Seal: 171 stores

https://www.infowars.com/we-have-tripled-the-number-of-store-closings-from-last-year-and-20-major-retailers-have-closed-at-least-50-stores-in-2017/

Comments

[crypto67]

These stores were on their last leg b4 the current administration took over, i seriously doubt mark cuban or george soros could save them...

[justicia]

Yeah, the retail collapse started a years ago and just continues to get worse...

[luming]

Good question, I have realized over time of the deceitfulness of the official media, it is obvious to think that they will not say anything that affects the image of a president or his government because the local news media works under their territory, so, one as a citizen must rely only on what he can see and check for himself.
Greetings!!

[valorforfreedom]

Absolutely agree with Lumings statement. I would have said the same.