Retail apocalypse as the retail bubble starts to pop- and stop blaming online sales which are only 10% of the market
If the U.S. economy is doing great, then why are all of these retailers closing down locations?
- Abercrombie & Fitch: 60 stores
- Aerosoles: 88 stores
- American Apparel: 110 stores
- BCBG: 118 stores
- Bebe: 168 stores
- The Children’s Place: hundreds of stores to be closed by 2020
- CVS: 70 stores
- Guess: 60 stores
- Gymboree: 350 stores
- HHgregg: 220 stores
- J.Crew: 50 stores
- JC Penney: 138 stores
- The Limited: 250 stores
- Macy’s: 68 stores
- Michael Kors: 125 stores
- Payless: 800 stores
- RadioShack: more than 1,000 stores
- Rue21: up to 400 stores
- Sears/Kmart: more than 300 stores
- Wet Seal: 171 stores
These stores were on their last leg b4 the current administration took over, i seriously doubt mark cuban or george soros could save them...
Yeah, the retail collapse started a years ago and just continues to get worse...
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!!
Absolutely agree with Lumings statement. I would have said the same.