15 Retailers Going Out Of Business In 2024

  Рет қаралды 159,454

Epic Economist

Epic Economist

Күн бұрын

The American retail landscape isn't the same as it was just a few years ago. Businesses that used to be a synonym of success are dying at a pace that is simply astonishing. Brands that used to have thousands of stores across the U.S. are going out of business after struggling for years. Many of them have done everything they could to prevent this from happening, or at least, delay their disappearance. But the economic decline gripping our nation has been unforgiving.
Over the past few years, we've lost more purchasing power than at any other point since the 1970s. We've seen the income gap get wider, with many middle-class Americans falling into the cracks and straight into poverty. The soaring cost of living has made it almost impossible for average U.S. households to save for their future. People are being very careful about their spending because, with each passing month, the cost of bare necessities like rent, food, and gas is getting higher.
That's why seeing boarded up storefronts has become the new normal. In this environment, American retailers are literally fighting for their survival. Now, they are taking every step to streamline their operations and cut costs. That includes reducing their store count even further in order to improve profitability and save their businesses from bankruptcy.
Although for some of them that's too little, too late, others are acting fast before conditions deteriorate any further. If you have a favorite brand or store, make sure to visit it while you can, because the truth is that it might not be there a few months from now. Today, we listed 15 big retailers that announced mass store closings or are going out of business in 2024. Without further ado, let's check out this list.

Пікірлер: 635
@MichaelTaylor-yb6gt
@MichaelTaylor-yb6gt 16 күн бұрын
1. Rue21 2. Express 3. Family Dollar 4. CVS 5. Foot Locker 6. Rite Aid 7. Macy 8. Foxtrot 9. Walmart 10. TJ Max 11. Office Depot 12. Fred's 13. Claires 14. Pet Smart 15. GNC
@Jordan-co2re
@Jordan-co2re 16 күн бұрын
Walmart will never die
@peacefuldaizy5717
@peacefuldaizy5717 16 күн бұрын
​@@Jordan-co2re: That's what people thought about Sears.
@ShimmySha
@ShimmySha 16 күн бұрын
Thank you because I’m not about to sit here and listen to a robotic voice!!! 👍 👍
@MrGeorgewf
@MrGeorgewf 16 күн бұрын
He forgot Red Lobster.
@MrGeorgewf
@MrGeorgewf 16 күн бұрын
@@Jordan-co2re Never say never.
@kortyEdna825
@kortyEdna825 14 күн бұрын
For boomers and senior citizens, the current market and economy are unnecessarily harder. I'm used to simply purchasing and holding assets, which doesn't seem applicable to the current volatile market, and inflation is catching up with my portfolio. My biggest concern is whether I'll survive after retirement.
@carssimplified2195
@carssimplified2195 14 күн бұрын
Just buy and invest in Gold or other reliable stock , the government has failed us and we cant keep living like this.
@foden700
@foden700 14 күн бұрын
Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.
@PatrickFitzgerald-cx6io
@PatrickFitzgerald-cx6io 14 күн бұрын
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
@foden700
@foden700 14 күн бұрын
Colleen Rose Mccaffery’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
@PatrickFitzgerald-cx6io
@PatrickFitzgerald-cx6io 14 күн бұрын
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
@nicolasbenson009
@nicolasbenson009 16 күн бұрын
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
@jones9-
@jones9- 16 күн бұрын
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
@KarenLavia
@KarenLavia 16 күн бұрын
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
@ScottKindle-bk3hx
@ScottKindle-bk3hx 16 күн бұрын
Could you possibly recommend a CFA you've consulted with?
@KarenLavia
@KarenLavia 16 күн бұрын
My CFA ’Melissa Terri Swayne’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@Hectorkante
@Hectorkante 16 күн бұрын
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
@MrRFAvery
@MrRFAvery 16 күн бұрын
I have never saw the country in the shape it is now in. I am 75 years old.
@misterserious3522
@misterserious3522 16 күн бұрын
I feel ya, man, its so very depressing and theres nothing but more failure on the horizon. I have no fking clue how the young-uns are gonna survive since all they want is to play games on computers until they become rich rappers somehow.
@SmurphMcBalls
@SmurphMcBalls 16 күн бұрын
I remember a time before the internet and mobile phones. A better time.
@KathleenCernetich
@KathleenCernetich 16 күн бұрын
I'm glad I'm 74 I'm on limited time there is no future to look forward to
@factz8131
@factz8131 16 күн бұрын
@@misterserious3522😅
@blumaxx1
@blumaxx1 16 күн бұрын
Back in the 70's was mild compared to this S$#t show,,,its getting scary out there
@user-zx8de8op9l
@user-zx8de8op9l 13 күн бұрын
I am 50 years old, I remember the good times of the 80's and most of the 90's.
@LaughitOff526
@LaughitOff526 16 күн бұрын
We traded peace and prosperity for this! Not kidding.
@joe.godisgreaterjenkins8676
@joe.godisgreaterjenkins8676 14 күн бұрын
WE TRADED GOD FOR THE MIGHTY DOLLAR 💵💵💵💵
@kevreilly7
@kevreilly7 13 күн бұрын
We?? Speak for YOURself. The fools may have....
@donaldthetruthseeker-es3nu
@donaldthetruthseeker-es3nu 16 күн бұрын
Thanks to our politicians spending money like a reckless child. Now we are all paying the price.
@crankychris2
@crankychris2 16 күн бұрын
Consumers too.
@kaythegardener
@kaythegardener 15 күн бұрын
Or maybe it's because TAXES on the rich have gone from 90% to a token 28% & half of them pay only 0%!! The increasing tax burden also helped to kill the middle class!! So let's RAISE taxes on the top 5%!! Vote BLUE to get your life back!!
@smokeylake3150
@smokeylake3150 15 күн бұрын
Why we need to vote these installed fake representatives out
@KathleenCernetich
@KathleenCernetich 14 күн бұрын
Very true and they're all up in Washington in their million-dollar condos
@flinch622
@flinch622 14 күн бұрын
The dirty secret is that the very government spending that is consuming society like an ulcer, gets magically counted as part of gdp. For that reason, the public is not having the proper discussion: has marginal productivity of [federal] debt gone negative? Some have not heard that idea before, so the plain english version... a dollar borrowed causes the economy to shrink instead of provide an anemic 0.2% growth or some such as it did before the threshold was crossed. What it looks like in a boots on the ground way is borrowing more cannot even serve existing debt interest due in full, and therefore makes the debt problem ever bigger. And then the music stops. I think the US may have silently crossed the rubicon at the end of 2023 - note the fed threw up its hands and stopped raising rates. The last time they gave up on program was 2005, when M3 disapeared from all efforts. BLS numbers have been garbage for decades - and that discussion likely only begins in earnest when a number of countries just dump bonds en masse. They have a place to run to now for international settlements, and its brics.
@alfiyaa8214
@alfiyaa8214 16 күн бұрын
It’s not getting better anymore, so learn how to survive without spending money
@lisalang7802
@lisalang7802 16 күн бұрын
Inflation inflation inflation . We now only have money to pay for rent , food and gas . We all about to be homeless soon !
@georgeawestjr.9087
@georgeawestjr.9087 16 күн бұрын
This country is in real deep, deeper and the deepest 💩 than ever before. ☹️
@rightsdontcomewithpermits7073
@rightsdontcomewithpermits7073 16 күн бұрын
No it's not. Only people that are keeping up with Joneses are there. And they can only blame themselves. No one forced them to buy, buy, buy ,buy. On credit, credit, credit.😂
@legobobafett5045
@legobobafett5045 16 күн бұрын
#LetsGoBrandon
@catalhuyuk7
@catalhuyuk7 11 күн бұрын
If you only look at your own country and not the entire world you’ll never truly understand what’s going on.
@TheMikeMan777
@TheMikeMan777 16 күн бұрын
The world of greed is way out of control now!!! 👎🏼
@kellychuang8373
@kellychuang8373 16 күн бұрын
You said it man.
@kellychuang8373
@kellychuang8373 15 күн бұрын
Along with a whole lot of people going insane too.
@dissy5563
@dissy5563 16 күн бұрын
Don't mind me folks, I'm just here for my daily dose of DOOOOOM!!!
@ZaphineDodo
@ZaphineDodo 16 күн бұрын
Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them
@BillySampson681
@BillySampson681 16 күн бұрын
Exactly! My grandparents were so frugal but they had a TON of money on both sides. I remember my grandfather telling me "you want to make money while you sleep." And I guess that attitude passed down to my dad (RIP), because I remember going to his house one day and I had bought something I really liked, so I wanted to show it to him. So I said "Look at this! Isn't it cute? It was on sale...I saved 50%!" My dad replied "Well, if you're spending, you're not saving." Obviously I had no retort, and that has always stuck with me.
@CarlosGarcia56590
@CarlosGarcia56590 16 күн бұрын
Saving and investing wisely while prioritizing necessities and a few small luxuries in relation to one's total assets is a great approach. It helps ensure financial stability and I my for the enjoyment of life's little pleasures without compromising long-term financial goals. It's all about finding a balance that works for you!
@AlexanderHernandezhj
@AlexanderHernandezhj 16 күн бұрын
very true, a huge part of my portfolio growth has come during this bear market. I've been able to scale from $180K to $572K in a short period of time.
@PaulaAdrian721
@PaulaAdrian721 16 күн бұрын
How do you do that? I'm interested
@AlexanderHernandezhj
@AlexanderHernandezhj 16 күн бұрын
Thanks to my co-worker (Alex) who suggested Mr Stephen Milne Ebert.
@johnwayne7860
@johnwayne7860 16 күн бұрын
This is the result of career politicians who can't even manage a lemonade stand are voted in to run a country.
@improvisedsurvival5967
@improvisedsurvival5967 16 күн бұрын
Some people think this incompetent gov has the ability to come after everyone. They wouldn’t know how to if they wanted.
@TheNewChevyRoll48
@TheNewChevyRoll48 14 күн бұрын
@@improvisedsurvival5967 The trick is you don't go after the rich people. The rich people have the legal means to make collecting their real taxes a pain in the ass. However, you could shake a few bucks out of millions of people and get the same amount without the hassle.
@robertonavarro7713
@robertonavarro7713 14 күн бұрын
Because circus clowns decided to change careers and went into politics. 🤣
@12HpyPws
@12HpyPws 16 күн бұрын
Walmart closing high theft stores.
@dianetheodore2380
@dianetheodore2380 11 күн бұрын
That's why they're starting to lock everything up
@worldlife9834
@worldlife9834 16 күн бұрын
Theft is a ongoing problem with retail stores. Nobody stopping theft cost retailers millions.
@neohistoryfan1014
@neohistoryfan1014 16 күн бұрын
take a look at some of Cash Jordan's videos in NYC, he has several on this topic.
@worldlife9834
@worldlife9834 16 күн бұрын
@@neohistoryfan1014 It's all over the United States. Our jails are too comfortable and expensive.
@rightsdontcomewithpermits7073
@rightsdontcomewithpermits7073 16 күн бұрын
Ohh and retailers that sell you junk that breaks right after warranty expiration is not theft? And selling for a huge markup, is not theft?
@rightsdontcomewithpermits7073
@rightsdontcomewithpermits7073 16 күн бұрын
​@@worldlife9834lol. We have more people % wise in jail than Russia. And yet we call Russia a dictatorship. By the way with all them laws I'm 💯% positive you are a criminal as well. Just didn't get caught yet.
@worldlife9834
@worldlife9834 16 күн бұрын
@@rightsdontcomewithpermits7073 Did you graduate high school? Businesses must earn profit to pay rent and employees.
@MyLoganTreks
@MyLoganTreks 16 күн бұрын
More monopolies and less competition means higher profits in fewer businesses that employ less people, buy local and shop local from locals
@Brian_Barby
@Brian_Barby 16 күн бұрын
We live in an era of consumerism and it's all about desire-based consumerism and it has nothing to do with things we actually need. People are starting to realize this!
@lamarcutts2511
@lamarcutts2511 16 күн бұрын
Was Raised To Always Buy What I Needed And Not What I Wanted By My Parents And Grandparents. They Also Showed Us That Example For A Lifetime. 3 Out Of 7 Kids Have Been Doing Fine Even In These Expensive Times. God Be Praised For Great Parents & Grandparents..😊
@nicholasthomas3635
@nicholasthomas3635 16 күн бұрын
The nation is being gutted for the Great Re-set. LONG term planning, the '70's saw the off shoring of a nation that became a consuming nation. Of CHEAP plastic goods sold in Big Box stores. The FED is gangster run. Paying intrest on funny money printed out of thin air. Digital currency is the end. The state does not your opinions-shut off your card/'chip-starve.
@chrisg1023
@chrisg1023 16 күн бұрын
I disagree 100% with you - we live in an era of socialism quickly heading to communism. Taxes keep going up up up, and people demanding more more more entitlements (Social Security, Medicare, foreign aid, pork budget, cancel student debt) . It's not sustainable. We live in a society where the Government says, take the vaccine, shut your business down, or we'll force your business to shut down and throw you in jail. I disagree with you - there is nothing wrong with buying products and goods - it is what built society. We have an entitlement issue that is addicted to socialist programs with people pushing more for an authoritarian communist government.
@improvisedsurvival5967
@improvisedsurvival5967 16 күн бұрын
I was always anti consumer
@shaymalchione809
@shaymalchione809 16 күн бұрын
A bunch of overpriced junk.
@pj6787
@pj6787 16 күн бұрын
Most people don’t dress nicely these days, so clothing stores are struggling.
@vincentyeo88
@vincentyeo88 16 күн бұрын
Less people are traveling for vacation, especially going overseas.
@blackreacher
@blackreacher 16 күн бұрын
Yeah, I got clothes and shoes that are hardly worn, some not and it's because I'll stand out. Gonna wait til I use the passport for vacation/slash new place to dwell
@anomaly2990
@anomaly2990 16 күн бұрын
Pajama bottom sales are up 😂
@GenXamerica
@GenXamerica 16 күн бұрын
@@anomaly2990 and tents
@SamsungGalaxy-nm5qt
@SamsungGalaxy-nm5qt 16 күн бұрын
I'm in Southern California, where everyone wears t-shirts as clothes. 😢 I'm not talking underclothes, I mean as an actual outer top.
@MM-ig2zq
@MM-ig2zq 16 күн бұрын
There better not be any liquor stores in this video.
@silvernoob1603
@silvernoob1603 16 күн бұрын
i think liquor stores will be the last to go LOL, when the world ends ill be drinking
@misterserious3522
@misterserious3522 16 күн бұрын
No worries, vices of every sort are the only growth category,
@SamsungGalaxy-nm5qt
@SamsungGalaxy-nm5qt 16 күн бұрын
I actually need to stock-up on Vodka and Bourbon this weekend. Gotta make those expensive extracts for baking! ❤
@crankychris2
@crankychris2 16 күн бұрын
@@misterserious3522 They are called sin stocks, they do well in a down market compared to other investments.
@user-hy1qk4st8m
@user-hy1qk4st8m 16 күн бұрын
That would be the best thing for the country.
@BelindaAlmond-tj4wy
@BelindaAlmond-tj4wy 16 күн бұрын
Well explained, The incompetence and corruption that runs through this administration in our Government are getting more risky and ridiculous, i feel the sympathy and empathy of the citizens not getting the due help they deserve, thank you Citadel Moore; imagine investing $4,000 within 4 days of your investment you're profited with $7,300 wow, thank you Jesus❤
@VidaTitiana
@VidaTitiana 16 күн бұрын
YES!!! That's exactly her name so many people have recommended highly about her and am just starting with her from Santa Clara California
@mankindWalker
@mankindWalker 16 күн бұрын
My little investment of $6,000, which was part of my salary brought me up this height applying Moore's analysis for beginners
@DidiPetalz
@DidiPetalz 16 күн бұрын
I agree with you! Investing puts money to work. The only reason to save money is to invest it
@SimonBaker-ez9ru
@SimonBaker-ez9ru 16 күн бұрын
Getting Citadel Moore to help me really helped me clear all my debits. I started with what I have left and it's been the best decision I ever made
@LudacrisWilliams
@LudacrisWilliams 16 күн бұрын
I'm new at this, please how can I reach her?
@BroMaxIII
@BroMaxIII 16 күн бұрын
FJB
@kati8359
@kati8359 16 күн бұрын
I second that
@louismastrangelo3781
@louismastrangelo3781 16 күн бұрын
We’re all dopes in the Joe show
@millersethe
@millersethe 16 күн бұрын
They're probably closing the stores in libral strongholds because they can't sustain being regularly robbed.
@TheGulfcaptain
@TheGulfcaptain 16 күн бұрын
Oh but Brandon says the economy is great! People have money but don't like the prices.... he says corporate greed is to blame, not higher costs like fuel, rent, wages, taxes and everything else it takes to run a business these days. Brandon says: "let them eat cake"
@Latenightnonsense-td5yd
@Latenightnonsense-td5yd 16 күн бұрын
I was let go end of last year working as a web designer, applying to tons of posts each week, was considering retail even tho I haven’t worked in retail in 20 yrs, but now I don’t even know what to think.
@annagreco7470
@annagreco7470 16 күн бұрын
I know someone who had to close his business in NJ cause the landlord tripled the rent. He quickly got a job at Walmart as a manager. It's a job.
@Latenightnonsense-td5yd
@Latenightnonsense-td5yd 16 күн бұрын
@@annagreco7470 that’s seems like a though job for me, if people have a complaint, I’d be tempted to just give them free stuff. lol 😆
@thyslop1737
@thyslop1737 16 күн бұрын
That sounds scary.
@SamsungGalaxy-nm5qt
@SamsungGalaxy-nm5qt 16 күн бұрын
Retail is really hard to go back to. Have you tried caregiving? Here in California, it's run by the Public Authority and is called IHSS (In Home Supportive Services). You will be called a "'Provivder" and the people you work for are called "Clients". You can have more than one client and there's no cash register involved. You can get a couple pairs of scrubs, which will save you on laundry too. Good luck! ❤
@1new-man
@1new-man 16 күн бұрын
The kidz took over the mall and the rest is history Aint safe no where
@misterserious3522
@misterserious3522 16 күн бұрын
Dont you mean 'youfs' or "teens'?
@DelbertStinkfester
@DelbertStinkfester 16 күн бұрын
The fact that companies file for bankruptcy multiple times says it all
@CrimsonDragonX
@CrimsonDragonX 16 күн бұрын
This is what Built Back Better looks like 🤔
@shaymalchione809
@shaymalchione809 16 күн бұрын
No this is what tax cuts for rich trickle down bs looks like thanks Reagan & Trump!
@roadkillgravy5168
@roadkillgravy5168 16 күн бұрын
​@@shaymalchione809 NO!
@b4rs629
@b4rs629 15 күн бұрын
Bro, learn to think for yourself. This is just simple cause of effects of shit brewing for a long time. -low wages = can't afford to shop -no foot traffic = less profit = job cuts + store closures = more unemployed = less people that can afford to shop This is what happens when you have a economy of only rich & poor. The middle class is the backbone of an economy. We live in a time where ai, robots, performance metrics, skeleton crew workforce, lack of starter homes for low income earners, jobs being sent over seas, & a lack of good paying jobs., When most of the jobs are retail, restaurants, or warehouse work... no one is getting ahead.
@JM-si8xr
@JM-si8xr 14 күн бұрын
​@@shaymalchione809crazy brainwashed fool. The reduction in taxes only helps the worker. Fiat currency causes prices to rise. Look at the Roman Empire and you will see similarities.
@funwisely
@funwisely 16 күн бұрын
Uncle SAM is under 34 Trillions DEBT and increasing....😢😢😢
@bromion5123
@bromion5123 16 күн бұрын
Struggling to pay the interest on this massive debt.
@b4rs629
@b4rs629 15 күн бұрын
@@bromion5123 Lol they should just print 34 trillion that will solve the issue.... I'm sure of it.
@vincentyeo88
@vincentyeo88 16 күн бұрын
When more fast food outlets are going out of business, they are directly helping to solve the obesity problem. 🤣🙃🤣
@Brian-qg8dg
@Brian-qg8dg 16 күн бұрын
Plus the price of a better meal at a diner or pub is getting close to fast food. Makes no sense to waste hard earned money for a sloppy boring meal
@OrdinaryMan1999-tn4hh
@OrdinaryMan1999-tn4hh 16 күн бұрын
@@Brian-qg8dg I made my own chicken sandwiches at home and hell you can buy Chick-Fil-A sauce at walmart. Taste roughly the same and you can make more for the cost of two meals or so.
@hellogoodbye6201
@hellogoodbye6201 16 күн бұрын
Hopefully I’ll always have Cheetos 😂
@someoneout-there2165
@someoneout-there2165 16 күн бұрын
It's in Bible that gluttony is sin, but there is much larger percentage and that scares Christians so they just target LGBT and small minorities
@okboomer6201
@okboomer6201 16 күн бұрын
Skinny healthy people are more successful and earn more than fat people. Food gets expensive, prosperity returns.
@jamesnorwood4084
@jamesnorwood4084 16 күн бұрын
I jus don't know how we will survive without all this grossly marked up Chinese clothing? What will we wear??
@SamsungGalaxy-nm5qt
@SamsungGalaxy-nm5qt 16 күн бұрын
😂 Too funny! Cheap clothes are made by MANY countries around the world, including the USA.
@b4rs629
@b4rs629 15 күн бұрын
bro shirts are $6 bucks at target.
@shannondavis5728
@shannondavis5728 16 күн бұрын
Some companies & corporations cut head count and expect the same labor output but don’t pay that 1 employee enough to do that 3 person job!!!#UnderPaid#OverWorked#BurnedOutEmployees#LowMorale
@improvisedsurvival5967
@improvisedsurvival5967 16 күн бұрын
Supposed to quiet quit.
@Willsilverun32
@Willsilverun32 16 күн бұрын
In a significant financial maneuver, the Walton Family Holdings Trust has offloaded more than $1.5 billion worth of Walmart stock
@shaecloud4403
@shaecloud4403 16 күн бұрын
I love how it’s narrated like a planet earth episode
@someoneout-there2165
@someoneout-there2165 16 күн бұрын
Haha, he has such an ominous narrating voice. Love it, half the reason I watch these.
@williamludlow3788
@williamludlow3788 15 сағат бұрын
A large mall north of Seattle closed all the doors. It's strange to see a mall with no cars.
@MarilynArchey-qw4vh
@MarilynArchey-qw4vh 16 күн бұрын
The , Catastrophic Depression that is moving along will take hold ,horribly. Please, Prepare hard and Pray HARDER. All love and good in, Christ. To you all. Amen 🙏
@MyLoganTreks
@MyLoganTreks 16 күн бұрын
And Corporate greed, facts are the profits for Walmart and other large retailers have never been higher... Big box brick and mortar stores are dead as corporate profiteers and their shareholders win.
@MySpace662
@MySpace662 14 күн бұрын
Online shopping is the trend today, because prices are cheaper than retail stores.
@therooster6104
@therooster6104 16 күн бұрын
The bleeding out continues 👋🏼 A certain person sounded the change about 12 years ago look up who said this and you’ll understand why it is happening. FUNDAMENTAL TRANSFORMATION 🥀🔥
@andyhughes1776
@andyhughes1776 16 күн бұрын
If this is not the Great Depression 2.0, I dont know what is!
@annagreco7470
@annagreco7470 16 күн бұрын
Not TJ Maxx. Come on.
@dissy5563
@dissy5563 16 күн бұрын
Luckily the drug trade is still booming !
@mslightfoot1611
@mslightfoot1611 15 күн бұрын
With stealing an over priced rent space businesses can’t afford to stay open .
@b4rs629
@b4rs629 15 күн бұрын
I don't think it's theft. I think it's outdates business practices. I feel like these stores are using theft as a scapegoat.
@paulmorris9958
@paulmorris9958 16 күн бұрын
Great video
@elisabethgardner6321
@elisabethgardner6321 16 күн бұрын
I really don't care about all the big box stores, small one will coming back all over the place. No more chains same goes for Restaurants and Fast Food places. I will not miss them.
@SAM-ht5oe
@SAM-ht5oe 16 күн бұрын
I Don't Buy Anything On Line. 😠
@CMMC989
@CMMC989 11 күн бұрын
True the higher the rent the less spent on the market!
@tiffanyisaacson1407
@tiffanyisaacson1407 15 күн бұрын
They'd rather loot then buy, so of course more stores will close !!!
@brother-1064
@brother-1064 16 күн бұрын
Who is John Galt?
@PacmanBrunner
@PacmanBrunner 16 күн бұрын
ur not smart
@jamesnorwood4084
@jamesnorwood4084 16 күн бұрын
$10 dollar tennis shoe for ah hundred bucks? Please. Are you for real?
@timboc105
@timboc105 16 күн бұрын
The hard working poor has done gone massive frugal let the rich money bags 💰 keep America alive
@ericmadsen7470
@ericmadsen7470 16 күн бұрын
While most retail stores will go out of business, others will try everything possible to remain open and innovate until they too will have no choice but to close their stores and give the ax to loyal employees no matter how long they have been there.
@reneearce1667
@reneearce1667 16 күн бұрын
very surprised companies mentioned closing
@TT-dp8qh
@TT-dp8qh 16 күн бұрын
I hate Macy. Nowadays they sell junk at their stores. I haven't came back for 15 years!
@renegademind1833
@renegademind1833 16 күн бұрын
it better to cut out the middle man and brand names. China need sell directly to any country consumers the same stuff, way cheaper. Stop making middlemen RICH.
@nn431xru1
@nn431xru1 14 күн бұрын
OMG! Listening to this slow deep voice makes me just sit near the fireplace and sip on hot tea…and slowly fall asleep. Just keep talking. I don’t know what you are saying but its soothing.
@tombox2759
@tombox2759 16 күн бұрын
I asked a Walmart manager today if they were getting wiped out. He said no. Do you think he knows?
@Latenightnonsense-td5yd
@Latenightnonsense-td5yd 16 күн бұрын
Which Walmart? The local store or the entire corporation? He would only know what a district manager knows , and the sometimes know about corporate stuff, it likely they wouldn’t know.
@annagreco7470
@annagreco7470 16 күн бұрын
I heard there were some corporate layoffs at Walmart today but the stores are always busy here in NJ/NY.
@AnitaLonski
@AnitaLonski 16 күн бұрын
If these weren’t so greedy they would have customers
@randallkohn6089
@randallkohn6089 10 күн бұрын
You’re kidding me 😂
@catalhuyuk7
@catalhuyuk7 11 күн бұрын
The closing of three pharmacies and a health food store should cause the most concern imho. Who will be in charge of dispensing your medications and at what cost? Monopoly!!!
@troychambliss784
@troychambliss784 10 күн бұрын
People realize that these stores have been buying cheap China junk then marking it up 5 times what they paid . Now we just order ourselves
@johngarbarini1048
@johngarbarini1048 16 күн бұрын
5-10 to an apt; if the lease allows you. People are broke today. Sad.
@wildwolf1351
@wildwolf1351 14 күн бұрын
I think a big factor in stores going bankrupt is Massive retail theft in bid democrat cities where they refuse to arrest thief's
@Blacklabel4200
@Blacklabel4200 16 күн бұрын
with all these closings commercial real-estate is going to be screwed. Thank God
@galechicago325
@galechicago325 14 күн бұрын
I’m now spending like crazy, because prices are going up so fast I won’t be able to afford stuff later.
@TonYTamayo1071
@TonYTamayo1071 3 күн бұрын
Sad, sad. Worked at Walmart for 9 years. Biggest company then.
@gunfunandstuff9226
@gunfunandstuff9226 16 күн бұрын
2008 will seem like a picnic
@rightsdontcomewithpermits7073
@rightsdontcomewithpermits7073 16 күн бұрын
Didn't feel 2008 and still not feeling what is "happening" now.
@GenXamerica
@GenXamerica 16 күн бұрын
@@rightsdontcomewithpermits7073 Your mom and dad must have a very nice basement and keep you stocked up in hot pockets 👍🏻
@BUYBOTH
@BUYBOTH 3 күн бұрын
Notice have often retail theft is mentioned as a factor in store closures, especially in areas with weak prosecution like San Francisco.
@sarafox4375
@sarafox4375 15 күн бұрын
Ive noticed a ton of retailors close early and they shut the lights off even when they are open to save money. It honestly is all backwards.
@joshjacks2837
@joshjacks2837 16 күн бұрын
I really hope this is not the first domino in a commercial real estate crash.
@winniethepoohandeeyore2
@winniethepoohandeeyore2 16 күн бұрын
I've cut way back on spending, pouring more into our mortgage to pay it off faster, putting money in savings.
@DrugTalkTV
@DrugTalkTV 9 күн бұрын
I feel sad for employees, but the only one on this list I go to is a weekly Walmart run, the rest, almost never or definitely never.
@KellyBrown-sp5uh
@KellyBrown-sp5uh 8 күн бұрын
Say goodbye to staples
@Bloodhoundjed1
@Bloodhoundjed1 10 күн бұрын
Well, thank goodness, I won't be missing a lot of those stores, because I don't shop at majority of them. I am trying to avoid paying high electric bills by turning off lights and unplugging unused appliances, while running my ac at high temp 82-84. Oh, and we will probably get triple digit temps again this summer. And my husband and I have both had heat exhaustion before, so not good for us.
@KellyBrown-sp5uh
@KellyBrown-sp5uh 8 күн бұрын
Goodbye 👋🏾 to big businesses
@dbestplanner
@dbestplanner 16 күн бұрын
I never seen this news in mainstream media, why ?
@teresasterrett3196
@teresasterrett3196 6 күн бұрын
There is so much going on that they are not reporting about...I don't even attempt to see what they are talking about anymore
@azmike1
@azmike1 16 күн бұрын
Foot Locker has been operating in the "red" since the day it opened its doors. Poor management.
@brianmatthews9697
@brianmatthews9697 5 күн бұрын
Beer prices are steady and sales are on the rise. I'm good with that. However, I'm sure the Gov't will screw that up soon.
@maryannsinopoli1751
@maryannsinopoli1751 16 күн бұрын
What public cannot see is they are doing exactly what government wishes. Falling right into their hands. How stupid are we?
@jerryrosa8318
@jerryrosa8318 15 күн бұрын
Not getting discount coupons for Home Depot anymore. And they raised credit cost also.
@anomaly2990
@anomaly2990 16 күн бұрын
CVS pharmacies and Walgreens are the only ones i care about so far in this video.
@TheNewChevyRoll48
@TheNewChevyRoll48 14 күн бұрын
Meanwhile Amazon smokes a cigar wrapped in dollar bills
@BSGSV
@BSGSV 16 күн бұрын
Rite Aid is the flag bearer of the old Thrifty's Drugs. I only mention this because if they close, that's the end of the cheap and tasty Thrifty's Ice Cream counter inside them.
@aisle_of_view
@aisle_of_view 16 күн бұрын
Add to this the coming Great AI Job Replacement and we'll all be going out of business.
@mwarnken1234
@mwarnken1234 Күн бұрын
thanks for shoplifting us all into this situation! thanks for defunding police so this could happen!
@notgunnadoit7461
@notgunnadoit7461 16 күн бұрын
The Voice! Also we have the voice actor of Optimus Prime which I can replicate pretty damn good and the voice guy from the PBS news documentary program called Frontline. His voice is great and makes you want to watch the episode even if you don't agree with it lol. "I am Optimus Prime!"
@JohnnyUmphress
@JohnnyUmphress 14 күн бұрын
Walmart is NOT going under. Not this year nor next year. As for store closings, they do this regularly. It is just a means of trimming out stores that do not have enough sales to profit from the store's existence.
@SunbeanCat
@SunbeanCat 16 күн бұрын
I am not surprised at all by the closures. With the fashion trends, sometimes there simply nothing worth buying. I am not buying anything farmhouse related or masculine or oversized. I am not buying anything poorly made. Fixing trends might have helped a lot.
@RamonRodriguez-hq7vn
@RamonRodriguez-hq7vn 14 күн бұрын
I am 60 years old, my parents were born in the 1910s. They had me late in their lives, and they lived through the Great Depression.
@amybynum8962
@amybynum8962 14 күн бұрын
My mom 1922 me1965 59 years old
@buddyholston9268
@buddyholston9268 8 күн бұрын
Those high Executives and CEO salary is at fault
@eas-eautocom4871
@eas-eautocom4871 12 күн бұрын
Actual retail outlets will continue to decline at least those that sell more expensive things that take some time to decide on. They have to warehouse items, display them, staff to sell & stock shelves, and lease or buy locations. With things like Amazon they don't need a lot of this. Walmart can compete as it can turn many into warehouses & sell online. They will just be grocery stores with fewer on floor sales. They do have massive distribution centers & transportation networks. Only thing missing is like Amazon vans but, there's usps, FedEx, and more in place doing nothing except door to door transport. The malls are in transition to living centers or closing. There's your 15 minute cities. We are changing like it or not.
@socalfriend6985
@socalfriend6985 16 күн бұрын
They are building a brand new Wendy's by me. Too bad the chili went up $2.
@MMWolf3
@MMWolf3 16 күн бұрын
Spectrum closing multiple dispatch centers across the country..
@GenXamerica
@GenXamerica 16 күн бұрын
Sad about the jobs but good that people are turning off the cable TV news. It’s caused a lot of our problems having people believe a load of lies and get all nasty with one another.
@b4rs629
@b4rs629 15 күн бұрын
@@GenXamerica I cancelled my subscriptions + my internet. Been living without home internet for over a year now.
@bromion5123
@bromion5123 16 күн бұрын
Honesty is not the best policy in modern day America.
@belowfray5251
@belowfray5251 16 күн бұрын
Ypu better be putting some canned goods and home canning away.
@belowfray5251
@belowfray5251 16 күн бұрын
Kfc is out of bus here. I think local arbys is next.
@johnnyfarran3387
@johnnyfarran3387 12 күн бұрын
Good
@timathysills26
@timathysills26 16 күн бұрын
At least there are no mean tweets.
@commonlaw5400
@commonlaw5400 16 күн бұрын
The Limited, Macy's, Paul Harris carried QUALITY pretty women's clothes. I'm soooo glad I don't have to shop for clothes today. The patterns and colors are ugly. I can't find a pair of 100% cotton denim women's jeans. Victoria's Secret had very good women's clothes. Their jeans were great and lasted a very long time. They were made of good quality fabric. No more.
@mrjsanchez1
@mrjsanchez1 14 күн бұрын
Walmart has actually been doing great every quarter, their store closures are in high crime areas with soft on shop lifting laws and prosecuting.
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