OUT OF BUSINESS! OVER 2200 Stores Closing FOREVER!

[@MichaelBordenaro]

“I Can’t AFFORD TO SELL OR KEEP MY HOUSE!” kzbin.info/www/bejne/p4Stfn-kfMuhjNU

[@voicefromthedark-t2w]

Yeah, keep blaming the economy not the fact that companies are terrified of the tariff that are coming in and those that were on the verge of collapse. No, they’re not gonna get any governmental help so why don’t you focus your energy on that? Or focus on how businesses bleeding companies dry and new administration is going to cut consumer protections; I noticed you never talk about the Florida Republicans who have destroyed the housing market. You just talk about the housing market. Is that a plan thing on your part two not emphasize the actual source of the problem my guess is yes.

[@seymorefact4333]

Dickies BBQ closing 35 locations in 12 states!

[@jetsam12]

​@voicefromthedark-t2w TDS strikes again

[@voicefromthedark-t2w]

@ interesting, guess u didn’t see that school district in Dallas ; first of many . Also I didn’t mention him just the policies he is implementing - sounds like u r triggered by the reality of what his policies will do. Children say tds with no explanation

[@TravelTechie415]

The problem is price gouging .. not inflation, and this will not end, corporations got used to the fake price hikes after covid

[@mikef8846]

Nobody has any friends, so no need for party supplies.

[@cockyhemi]

Speak for yourself. I’ve got man’s best friend. My dog.

[@henrythegreatamerican8136]

I'm sure plenty of guys are having palm parties. And I'm not talking about the Florida palm trees Michael is strolling by in this video!!!

[@director2bob]

@@cockyhemi I don't have any friends anymore and decided to rescue my very first dog at age 62. Dogs are the best companions for depressed people like myself.

[@cockyhemi]

@ Suzy Palms and her 5 friends. Lol!

[@gugy68]

😂😂😂

[@valerierogers9609]

We're passed the era of shopping in junk stores for amusement buying nonessential impulse items. The cost of life is too much.

[@katydid2877]

I think this is a big issue. I used to buy little stuff all the time many years ago. Little country knik knacks and little fake plants and decorative bathroom towels, etc etc. That’s when I liked Big Lots and Bed Bath and Beyond and Pier 1, etc. Eventually I sold most of it and stopped buying all the little dust collectors. I guess a lot of people stopped.

[@valerierogers9609]

​@katydid2877 Indeed, and many downsized due to necessity, retiring. I've owned homes, now live in a little camper. I'm fine with that, but live with necessities, not trinkets 😊

[@greyeye6371]

Your type of thinking is whats destroying this country . The thought of " you will have nothing and be glad to have it " is just repulsive . Stand the fuck up and vote for politicians who will make this country great again . Not continue down the path to third world existence.

[@bubbajones4522]

Then buckle up because we're fully in the beginning stages of a depression. A recession is two consecutive quarters of negative GDP growth and we've had negative GDP growth for the last four years. Add high unemployment and you have a depression. Right now the US has 206 million able bodied workers and we have 133 million full time workers. That 36% unemployment. Or, you could keep drinking the government kool-aid and believe all is well.

[@blackworldtraveler3711]

@@greyeye6371 Wasting money buying useless junk to clutter home unnecessarily is pretty repulsive.

[@Strwar1]

Don't simply retire from something; have something to retire to. Start saving, keep saving, and stick to investments.

[@88259106]

As a beginner what do I need to do? How can I invest,on which platform? If you know any please share.

[@Shanembowe]

There might be many investments out there but if profit must be considered,which is the actual sole of investment, I will advice you to go into bitcoin trading because it has higher profit than most investment.

[@abs_for_august]

Of course it is profitable,I made good profit of $20k with the capital of $4k in my last trading I have made over $200k

[@Jacobv39]

Wow that is an awesome return on your investment, please what strategy did use And how can I start up such investment.

[@JaimeMollo-d9z]

The best strategy to use when trading bitcoins is to do it with a broker who understands the chart as his own farm and gets the maximum return.

[@RonM.-jq9dt]

I'm retired and I have never been more broke than I am now. I'm like a Hermit now. Just going out to grocery store, gas station and bank. Nothing else and not buying nothing but food.

[@yellowbird5411]

That listing was ridiculous. They lived in the house for six years, then tried to sell it for ONE MILLION DOLLARS more than they bought it for. These are the kinds of listings that killed the housing market.

[@jamesgullo8240]

True!

[@michaelpowell7120]

Always list the property for 100k higher than any bank would appraise for.

[@jolseywales]

They made out like bandits good for them 😂

[@Curious-Mr.-Lee]

The necessity of Housing was allowed to be turned into a cat and mouse game. Eventually, the mouse has to bail out if necessity. I think the math is going to break soon

[@noname-p2f2q]

It didn’t do shit to the market. It just sits there w no action.

[@cardinal8268]

Most people get their party goods at the dollar store. Paper plate, party bags, favors, cards, etc. $1.25 vs. $6.99 for six cake plates.

[@KennyRogersRoasters84]

I get my party goods from your mom 😂

[@Hankjones1]

😂😂😂😂🎉

[@misuchimiss1161]

Stock in Dollar Tree may be a good investment

[@Bob-zh7lr]

Doesn’t matter. Still lots of jobs lost. Thats what people aren’t understanding.

[@MrJohnnyDistortion]

That's Dollar Tree.

[@lucythecat12]

Amazon is laughing all the way to the bank.

[@andrewgleason586]

There taking over everything including building houses,crazy....

[@bestly802]

Amazon and AI taking our jobs is laughing at everyone.

[@foxmulder7616]

Literally, when bezos has fed chairman Powell over to party 🎉 lol

[@andrewgleason586]

@foxmulder7616 wow!!!

[@Beastlife50]

Yes but companies like Temu are going to start eating in their sales

[@johnbrown4949]

Red lobster, big lots, Walgreens, party city, pier 1, family dollar, Advanced auto parts, CVS, Wendy’s, TGI Fridays and more to come.

[@miniminamanmina3715]

Nothing printing trillions and giving it to the Big corporations won't fix. Free money it grows on trees. Government has Federal reserve print it like confetti .

[@stevewashere4122]

Wendy's ? What's with them ? Some Burger Kings have closed around me the last 2 years.

[@Atwater20]

Much more to come. When people switched from horses to automobiles, blacksmith shops closed. As more and more people shop for almost everything online, brick and mortar stores are closing. The retail space was so overbuilt with too many stores, particularly drugstores, there had to be a day of reckoning. Our economy is doing very well by almost all indicators and is the envy of the world.

[@Hankjones1]

😂😂😂😂😂😂🎉

[@08turboSS]

Just makes more room for the big round up.

[@fredk9999]

We Americans do not like being “force fed” EVs or anything else

[@bb_alexander5385]

Agree but sales of EVs are all because they are superior to gas. You should try a Tesla sooo much better and fun than most gas cars for 1/2 proce

[@fredk9999]

@ yes, you are right. But, long term, what is the life of the batteries and replacement costs?

[@operasinger2126]

@@fredk9999 When Earth's oil reserves run low, EV's might be the only moving forward. Many wars are over oil.

[@jimmylieb5225]

who is force feeding you anything??

[@fredk9999]

@ rare Earth minerals go into EV batteries. Those may become precious and fought over, too

[@emb647]

The owner/billionaire class is choking the last gasps of breath out of this country.

[@patti-ann5850]

Yep. And they won't stop until we're bleeding out our eyeballs our last dime.

[@alterfloyd1]

All that money and power is gonna end up in some shit stain influencer 20 years from now.

[@alterfloyd1]

The real estate flippers trying to eek out an 8 % gain over a year when you can do that in one day in stock 😂

[@OGJeff685]

And they DONT CARE. Why? Because they will still get what they need. They already have 99% of it anyway. When they have to make their own breakfast and take out their own trash. THEN they will panic.

[@droyal104]

As the Holy Bible KJV teaches, Matthew 24:48-51 and other verses too.

[@hallhv01]

People order this stuff online now. Party stores are unnecessary. So much plastic junk for a landfill.

[@bestly802]

plastic junk being replaced with even more cardboard boxes and plastic junk from Amazon

[@F44zz]

@@bestly802 i couldnt believe the pile of boxes i had to get rid of after christmas shopping online this year. That didnt happen when people walked into retail spaces.

[@blackworldtraveler3711]

@@bestly802 We have recycled trash pickup where I live and cardboard is perfect for this. I’m in no hurry so I always choose the “few boxes” delivery option and everything comes in one box. Also have a handheld rechargeable electrical cutter which zip through cardboard like butter.

[@lovethemflowers]

@@F44zz Good point. Amazon is definitely keeping Georgia-Pacific busy.

[@movdqa]

Boston Market has been replaced by supermarkets selling rotisserie chickens in-store.

[@jayrose79]

Good point. Like Sam’s Club Costco. The line is out the door for those chickens.

[@CathyAFarr]

We always loved Boston Market! The one near us closed earlier this year.

[@TheUtuber999]

@@CathyAFarr We stopped going there after the chicken was undercooked on a couple of visits - obvious quality issues.

[@Bluemoon30-06]

I'll admit, the Boston Market TV dinners are really good. But they've gone up in price like everything else.

[@Hankjones1]

I hate Boston Market that food is so salty and expensive

[@RobertDarcy]

I own an EV ! I've had it 9 years! I've had to pay 17 Thousand Dollars in repairs in 9 years of ownership!!!!! It's a Chevy VOLT!!!On top of that I paid more up front to purchase it than if I had bought an ICE Automobile!!! I currently have NO HEAT OR DEFROST IN MY CAR and it's been a problem, and has NEVER worked well the entire time I've owned it!!! I live in New England!!! We've had temperatures in the single digits for the last 3 weeks! My car keeps telling me while I'm driving it, "Plug in, Battery too cold!", and "Propulsion Reduced". If it goes below 25 degrees my car starts acting up and sometimes just won't drive!! If you're thinking of purchasing an EV in your future- DON'T! Save yourself a boat-load of money, and a whole lot of headaches!!!

[@joetz1]

I have 96000 miles on my Tesla y and have not had one single issue. Not one

[@scottalvarez8870]

GM has no business making EV’s that’s the reason for your experience. Thank Mary Barra and Biden

[@PawesomeCatVideo]

the technology has not settled, wrong time to buy.

[@recabitejehonadab2654]

#1 Never buy Chevy or GM garbage #2 Do not buy EV.

[@lovethemflowers]

Holy mother of pearl! Sorry to hear that, Robert.

[@charmainmorrison8615]

A lot of people ditching Amazon prime

[@blackworldtraveler3711]

Actually they are down 3k Prime members so far this year but really means nothing with over 165 million Prime members in the U.S. alone. Sales still increasing around 9% year over year. Also Beto already said publicly Amazon will fail and go bankrupt one day. He said large companies usually last 30 or more years not 100 or more. I never really needed a Prime subscription to shop on Amazon. Still free delivery. No hurry and don’t need overnight or next day delivery. I like setting my delivery for the next week. I guess more people are catching on to this.

[@paularose3847]

@@blackworldtraveler3711 Yes, many big corps have there boom cycle, just like Apple. 30 years plus and about time to drop off the tree, so to speak.

[@danettewelborn5577]

Biggest waste of money

[@bobbya51]

@@danettewelborn5577 What ? Taxes ?

[@DIVISIONINCISION]

I would occasionally take their free 30 day Prime promo, but never continued with the subscription. Mainly it was due to all the Chinese low quality products on there. At least they have a liberal return policy.

[@Hawlkeye-e9p]

Its not these companies. It's the consumer that's collapsing

[@johnleebass]

nothing but junk anyways, minimize your lives people!

[@darleneatkinson6730]

@johnleebass that what really happen is people all decluttered stop buying stuff now the stores cannot sell stuff after paying the shipping cost to get the stuff to their stores it all has chain reaction affects. I stop buying lot of things myself. It does look like junk with homelessness folks having no where to put their stuff.

[@islandhopper00]

Good advise but idiots won't listen. Everybody is so entitled these days....

[@Mr51Caveman]

My wife and I went to a McDonald's for the 1st time in a couple of years. We ordered 2 Filet of Fish meals. Regular size. Cost $20 stinking dollars!!! And they only put a 1 inch piece of cheese on my semi warm fish!!! They completely lost us as customers. Probably shouldn't be eating the chemicals anyway.....

[@RobertDarcy]

Yeah! And just how BIG was that rare piece of fish on your fast food McDonalds sandwich! It's almost like it would be hard to make it any thinner!

[@RobertDarcy]

I stopped eating at McDonalds when I found a luggey in my Coke! I tried to sue them, but no lawyer would take my case! I haven't eaten there - at any McDonalds since! That was in the summer of 2024! Never again will I ever eat at one- anywhere in the country! They Lost a customer for life! I just wish I could have gotten rich off the disgusting meal they served me! Wasn't meant to be! But they deserved to be sued because that was GROSS!!!

[@strauqq1]

You'll be back...not me!

[@Mr51Caveman]

@@RobertDarcy It did seem smaller than what I remembered. But to be fair I could have been influenced by things I've heard. Don't know. I do think tho that burgers DO NOT taste like they did when I was younger. Teenage years. Maybe it's just me getting older. Idk...

[@tctctctctc-x7c]

So don't go there - duh. . .

[@hellboundTX333]

The CEO's milked every penny they could... time to scram!

[@Bidness100]

😂

[@Smartboi302]

I chuckled lol

[@kevykevTPA]

28,000 is nothing compared to the number of current Federal Gov employees who will soon be out of a job, and I'm not complaining about it... One bit.

[@jkmarshall3553]

Nor am I!

[@ferretsandbirdsandwhatnot]

Good, we need to get rid of government jobs, they are non-productive jobs that only hinder the private sector and burdens the taxpayer. All those employees need to find productive jobs in the private sector where their salaries are funded by the value they provide. And the government needs to slash its budget as much as possible. The government is bankrupting the country with all its crazy, uncontrollable, wasteful spending, and the impact to us is massive inflation (which is a hidden tax) to pay for all of that spending. And the Fed is to blame for enabling the government to spend itself into bankruptcy by monetizing all of its debt and printing more money. Powell is too much of a wimp to do his job and force the government to control its spending. And it's all that REAL inflation (which is much higher than the government admits to) which is bankrupting businesses and consumers.

[@oimfc37]

Don't worry it'll only be the white ones

[@bburn1793]

Wouldn't complain, but I'll believe it when I see it. The Deep State has a vested interest and is very powerful.

[@RobertLinthicum]

The USA government could be reduced by 90 percent, with no reduction in services.

[@BV-Auto]

I cant believe they ever had 2200 stores. Thats even more shocking than them failing as a business.

[@Casual_Talk]

😂😂

[@MikkiMikki11]

Is it supose to be "their" failing or "they are failing? Can't be "them." Which is the correct English? 🤔

[@BV-Auto]

@MikkiMikki11 nah that's correct

[@TeresaPatterson-l5o]

I can’t believe they could borrow 243 million dollars to sell that junk Sanford and Son would have been proud

[@seekrengr751]

Not 2200, 1400. The 2200 was adding in the almost 800 Party City stores. Approximate numbers.

[@roberts4426]

Fell sorry for all those unemployed workers in this hard job market

[@JohnWalsh2019]

Yep no job options for those folks. Hard times are here.

[@deepsix1827]

You haven't seen "hard" yet. Things are excellent right now compared to what's in store.

[@JohnWalsh2019]

@@deepsix1827 tell that to people that have been unemployed for over a year. Tell that to people struggling to afford food, gas, or shelter. It's bad now.

[@gugy68]

We are watching the implosion of the USA. We will be ruled by a handful of mega corporations and small businesses will be wiped out. God save us all.

[@yoced1468]

@@JohnWalsh2019it’ll always be that way lol there has never been a time those issues weren’t present even in our economic boom.

[@director2bob]

A high end mall near me in NY just had 3 major restaurants close down including PF Changs. This economy is going down the toilet. Even Stevie Wonder can see what’s going on. This country is going down the toilet.

[@RobertLinthicum]

The poorest regions in the USA have $70K pickup trucks wrapped around their building, waiting for their fast food. Do your homework.

[@absoluteapricot]

​@@RobertLinthicum a good reminder about how out of control auto loan debt is in the USA.

[@michaelpowell7120]

Stevie Wonder knows you said that

[@Ziegfried82]

@@RobertLinthicum if you think being $70k in debt is a sign of wealth I've got news for you: that's not wealth. That's debt. Not only is it debt, it's debt on a rapidly depreciating asset. And I'm not seeing big lines at any fast food joints in my area other than Chik Fil A at lunch time on weekdays.

[@levelintent]

What Stevie Wonder got to do with this

[@stormchaser419]

Party City. Big Lots. The economy is so incredible. More tech layoffs. More holiday layoffs. Wages are crap. Prices out of control. Movie industry struggling. Restaurants barely hanging on. Oh yeah, the economy is running on all cylinders. The amount of gaslighting the government and media does is mind boggling.

[@albertgrant1017]

419 Well stated !

[@Leftism_is_opium]

And 10s of millions still vote Democrat...

[@tmm226]

Sounds like your eyes are wide open🎉.

[@billya3628]

@@Leftism_is_opium Voting for either party is your CONSENT. Voting is a suggestion box for slaves, statist.

[@Regulus3333]

Cant wait for trump and his BILLIONAIRE CABINET! Hahahaha

[@thearch1tect249]

Who cares Michael. We have been over building useless stores since the early 80's....Honestly this is no loss. These are cheap useless stores that are not worth it. Let them go!! We have needed a correction for over 40 years!!

[@ericscottstevens]

Big Lots used to be overstock and price reduced older inventory from other stores Last one I was in was nothing but Chinese plastic crap everywhere. Why shop there?

[@shootermcgavin4999]

I want a very small reliablie pickup. They used to be 25k like 5 years ago. Now they are 50k. Nobody can afford that crap man. Wages didn't go up 50 percent.

[@kenmcdavid9632]

Thats why i drive a 1976 dodge aspen slant 6,three on the tree ,no a/c,no p.s. its great 20mpg dont cost a cent to repair.

[@tomspeed3354]

maybe take some math classes. 25K to 50K is a 100% increase- no wonder people pay you nothing😂😂

[@marleonetti7]

@@tomspeed3354 he never commented that the trucks only increased by 50 percent , he said WAGES did not go up 50 percent . and we all understand the point he was trying to make , so u may want to rethink your smart ass comment .

[@tomspeed3354]

@@marleonetti7 go away. It was clear what he meant. He cannot afford the price increase of the truck because salaries did not go up 50%. 🤣🤣 he clearly meant the truck increased by 50%.

[@marleonetti7]

@@tomspeed3354 thats your personal conclusion and personal interpretation , im just telling u what he literally wrote but u are putting your own final interpretation onto it .

[@garysekura2290]

I was in a Big Lots store yesterday. I thought I walked into Goodwill by accident. What a DUMP. Mismanaged, inventory in disarray, on the floor, just disgusting. It’s like this is where homeless people go shopping. Just a real dumpster fire………..

[@michaelpowell7120]

It's beneath me to walk into a discount store like that. 🤭

[@TeresaPatterson-l5o]

Dollar general is horrible I went in once I couldn’t even walk down an aisle I was lucky I could get out

[@thebes118]

Ours is just fine. Must be the area.

[@cg5648]

@@michaelpowell7120do drink your tea with your pinky stickying out?

[@christinajackson449]

Burlington is just as bad....every isle I turned it smelled like weed.

[@anthonykence9954]

Things are bad practically everywhere.

[@michaelpowell7120]

Where is it practical and bad?

[@anthonykence9954]

@michaelpowell7120 are things good financially with you.

[@MirkoRatar]

I swear, The Hidden Path to Manifesting Financial Power is one of the best books I’ve read. It’s life-changing.

[@levelintent]

where can I find it

[@CrazyCrethon]

Usually a company fails and turns into a Party City or Big Lots. When a Party City or Big Lots fail you know things are bad...

[@michaelpowell7120]

or Black.

[@bobbya51]

@@michaelpowell7120 Or Black ? You mean like neighborhoods ? Or in the Black , like profits .

[@stella-gx8ne]

Those stores went to the dump 10 + Years ago.

[@lovethemflowers]

@CrazyCrethon -- That's true. A Big Lots where I used to live moved into a space where a K-Mart once was. Actually, Gabe's and Big Lots moved into the space the K-Mart once occupied. Now, I guess the Big Lots there will be closing as well. Sad.

[@tobiaskozlov5151]

Lets be fair here, those are pretty lousy stores. The bigger surprise is how long it took for them to go bankrupt.

[@Bidness100]

😅💯

[@MuahMan]

I've been Amazon clean and sober for three years!!! I buy from the little/littler guys at least. Electronics... B&H Computer stuff... Micro Center Clothing... local surf shop.

[@mikejohn0088]

NIce but in realty .00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000001% = this effort.

[@DerraKormino]

Minus the increasing wealth gap, it's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.

[@LUCIASMITH-d1z]

I get it, navigating today's challenges is tough. Protecting what's left is crucial. Consider seeking advice from a financial advisor for investment direction. And remember, a failed business doesn't mean giving up.

[@richardhudson1243]

Exactly. Failed businesses are just steps forward. Don't lose hope. When choosing a financial advisor, find someone who understands your unique needs-I learned this through experience. Now, I earn six figures from investments alone, and even more from my businesses.

[@JacobsErick-u8r]

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

[@richardhudson1243]

Melissa Terri Swayne is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@winifred-k9e]

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

[@prima6170]

I've been in a Party City once. I've been in a Container Store twice. I've been in a Big Lots a couple dozen times. We used to eat at Boston Market. Party City - couldn't find anything I wanted. Container Store - way too expensive for what I was looking for. Big Lots - Hit-or-miss finding what you want. Boston Market - high priced for what you get. I REFUSE to shop at Amazon.

[@mikejohn0088]

AM= the company store that is in store for us all.

[@tmm226]

The big reset has been under way since April of 2020, and Not just for retail..

[@jeremiahdonaldson1678]

Then the black swan events started and haven't stopped lmao

[@jayafow84]

We're retired and bring home more money than i did when i was working because my wife did not work outside the home. Stay at home mom and we struggle to save anything. Also debt free house car paid for and no cc debt.

[@TravelTechie415]

stores will close, people will loose jobs, but home prices will remain high .. the grift will continue

[@greyeye6371]

Stop raising minimum wage. Minimum wage is not ment to support 4 people .

[@JohnClement-n5m]

Online shopping like Amazon is killing brick and mortar stores, they can't compete financially, people sit on their big fat butts and click stuff on their phones and have it delivered, rather than get up from the couch and go to the local retail store and browse, shop and pay at the register, it's the lazy Americans who are killing retail... I ❤ Michael Bordenaro :-)

[@davidnorris6920]

Sad to see Boston Market go out of business. They serve a good homecooked style meal for a relatively affordable price.

[@RobertLinthicum]

For denture wearers only.

[@ripvanrevs]

Boston Market was what I called a legalized ponzi scheme using franchisees to expand a worthless unprofitable company to prop up it's earnings and stock price. McDonalds bought them at one point for 15 cents on the dollar after the scheme collapsed. The owners walked away with millions and the franchisees and stockholders were left losing all the money.

[@thebes118]

​@@RobertLinthicumOH! I see,...a joke! Har har har....

[@libertyhorizons]

😆 The only meals that tasted worse than a TV dinner

[@bobbya51]

@@RobertLinthicum 😂

[@Glovemanification]

Went into a Big Lots store today, Christmas items were 50% off and everything else was 5% or 10% off... waste of time thinking there would be any kind of deals,

[@benjaminmeza5372]

After listening to Michael tell me the truth about were the economy is going... i think i will just walk into traffic.

[@Bidness100]

😀

[@jeremiahdonaldson1678]

Just less competition for the rest of us, man. A win is a win, regardless of if the other person was beat or just scuttled away.

[@DingChavez86]

dont do that

[@jayafow84]

HILARIOUS

[@Esperia-ef9xh]

People stopped buying homes and having babies, depression on the way...

[@tom11zz884]

Those Party City stores are useless in today's climate. People don't have the funds to do birthday parties or parties in general anymore. Add to a continuing antisocial climate, and poor economy, are we surprised?

[@jaratoll8739]

Walmart, McDonalds and dollar stores is all that will be left. The foodstamp will be the currency.

[@chrismusix5669]

"How did you go bankrupt?" "First slowly. Then very quickly."

[@kingscairn]

We turned into a service economy 40 years ago - took this long to crumble

[@dayveda3736]

These walks we take together are very therapeutic. Thanks Michael!🎭

[@analyticalhabitrails9857]

Mike have you heard the e.p.a is trying to pass laws to ban gasoline combustion engines by the year 2026, or 2036. The EPA is not a legislative body and is not authorized to enact laws.

[@EvySurvived]

Trust me Trump will put a stop to this nonsense

[@jimmylieb5225]

enjoy global warming as it gets worse each year. your kids and grandkids will enjoy.

[@MarkShinnick]

Supreme Court nixed this by Feds.

[@DIVISIONINCISION]

ICE cars will be running long after we are all gone. I wouldn't worry about that.

[@andreavandekleut6379]

Big lots were "hiring" in my area not 6 months ago. Can you imagine what will happen to all the part timers now? I would recommend to buy things you will need to be sustainable or independent. There might become valuable in a few months.

[@UPdan]

But remember, the Federal government says unemployment is not rising and the economy is great.

[@tonyn3227]

For them it is,

[@nickc3856]

The Party's over 🎊

[@Original22]

Big empty lot 😂

[@Bidness100]

💯

[@plica06]

Some nice quiet looking neighborhoods in this video. Good choice Michael. Kinda funny seeing Christmas things on peoples front lawns when it looks like summer time!

[@qrplife]

Big Lots, Party City, Container Store, it’s all cheap crap from overseas that nobody actually needs anymore. And when money is tight, they are the first to go. Plus, the expanded like a balloon when money was cheap, but with rates ratcheting up, they are totally screwed.

[@snap4720]

The same cheap crap you buy from Amazon and Walmart

[@thehylers1021]

I like the Container Store but yeah the prices are high.

[@goodmorningvenezuela6329]

Party City is a dumb business model since you can go to dollar tree and get everything for a fraction of the price. People go to walmart because they can buy every thing they need in one place vs. going to endless specialty stores. I'm starting a chain of tanning salons in Nairobi, Kenya....... Wish me luck!!!

[@skapunkoialternativeliving6522]

My thing is this, it's big lots of clothing down. How come the CEO's of these companies are still rich? Meanwhile, they owe billions of dollars to other creditors that don't make sense. You owe money to other people, but yet you're rich still you should be bankrupt yourself because you owe a lot of money to people. Cause they're gonna come after you right.

[@andrewgleason586]

Such a evil conspiracy,lies......thieves.....they won't get away with it......

[@skapunkoialternativeliving6522]

@andrewgleason586 agree with you. I hope they don't get away with it.

[@ChristonBinkley]

They constantly showered employees with anti union propaganda. The employees actually were paid so little they could'nt spare a dollar to dues if there had been a union. Meanwhile the CEO compensated 8 + million a year. The fear of harming an employer by wanting representation is BS. The company disappeared anyway and employees never received a biscuit .

[@DingChavez86]

Thats how it works man. Create money from nothing, leverage the debt, go out the back door, etc

[@bisaiah9797]

8500 per month??. If you can afford that rent why not just buy the house .

[@DanielDahl-i9p]

Because you would need a huge downpayment to get a similar monthly payment

[@bisaiah9797]

@@DanielDahl-i9p ..If I could afford 8500 per month rent..I WOULD HAVE HUGE STACK OF DOWN PAYMENT.

[@jonathanjacques7250]

💯

[@mikebal7777]

Don't worry, I have it on the highest authority that all this inflation is transitory...they said so

[@travisc8403]

Is Amazon winning? Clearly.

[@MrNorm-lr5iv]

The party is over at Party City. Problem with these Big-Box retailers is none of them make anything of their own. Instead they buy their shit from the same importers & distributers who couldn’t unload elsewhere. To many outlets doing the same thing. When you don’t make your own products profit margins disappear..

[@ceeellebee122]

Shopping online will be the downfall for consumers in the future if all competitive brick and mortar retailers shut down. We have so many issues that I’m not sure if we see what’s happening….

[@EvySurvived]

Cash and Carry is more appealing to me

[@micahhill4786]

I hate shopping for things online that I know I can get in person but it’s gotten to the point where. Certain things are just not in the store anymore and you can only get them online now. Which sucks because I don’t want to wait two days to get something that I know 8 years ago I could get within the hour.

[@TravisPluss]

Most clothing stores don’t carry decent styled clothes for a skinny guy like me. Easier to find what I want/need online. Let them close.

[@DingChavez86]

Back in the day, people actually threw parties. It was easy to get a bunch of people to come over to your house. You would go to Party City if you were throwing a birthday party or something like that. I'm getting emotional thinking about it...

[@honeybadgerisme]

I miss parties, too. So many people I knew moved during lockdown!

[@RickyG1953]

Every company should go out of business when there is little to no demand for their product. For EVs, the more that go the way of the Dodo the better just to shove it up the government's butt. Mandates, subsidies and incentives are wrong and that goes for any business.

[@jasonsheehan7782]

My Big Lots is closing. There isn't a real reason to go there. Thats the problem. I probably wouldn't have noticed.

[@JohnWalsh2019]

Rivian will be out of business within 3 years. Not even JB Pigster (governor of IL) can give Rivian enough tax breaks or tax payer money to keep them afloat.

[@lovethemflowers]

@JohnWalsh2019 -- I thought Amazon was buying lot of the Rivian vans for their fleet.

[@JohnWalsh2019]

@lovethemflowers that's true but the company is losing a lot of money.

[@stevenpiehl6199]

I wouldn’t get to tore up about 2200 businesses nationwide it’s a drop in the bucket. There’s too many strip malls as it is anyway all this country is one big strip mall disgusting

[@googleuser868]

Best thing about working for Walmart and McDonald's is you can relocate your home and keep your job when you live in your car. I'd transfer to Florida in the winter and back to Michigan in the summer.

[@stevenpiehl6199]

@ be careful in Florida. That state has unbelievable crime is just not talked about because of the touristy crap

[@harveyreiss4982]

Companies have poor leadership or taken over by private equity. I purchase 95% of my non food purchases via Amazon.

[@christopherhurley8694]

Our town had a Boston Market and it sucked. It's been gone for years.

[@kenitsanoutragecandia3939]

Tasted like a bad Swanson's TV dinner. I do miss Kenny Roger's roasters, Def should have eaten there more.

[@EvySurvived]

Salty crap food

[@RobertLinthicum]

It was for the elastic waistband crowd, as was/is Cracker Barrel.

[@bobbya51]

@@RobertLinthicum Ouch !

[@DingChavez86]

It used to be good 30 years ago!

[@Stacydsullivan]

30 years ago these stores were all the rage. Who wants to go just to a party store? Or Big (crap) lots. It was like a small kmart. (I went because i am old and I know how to leave my house to buy stuff) Younger generations are scared to go to store, not joking. Ask any young person, they will say it gives them anxiety.

[@katydid2877]

And they’re too scared to get a drivers license and buy a car. Really sad.

[@fnhc2023]

@@katydid2877so true…..I’d laugh but that in itself is the fearful future….

[@brianmatthews4149]

Thats funny,I like trying something on not getting crap in the mail that you have to return, I sit on my ass enough the way it is.

[@pojack9979]

I’m amazed they lasted this long. Who shops at Big Lots in 2024? Online shopping is dey wey.

[@lucianaromulus1408]

Id shop there if their stuff was better and cheaper. Too many places sell mid stuff with big prices

[@tmm226]

For a jar of pickles, no thanks..

[@sperryyoungerjr.3985]

To answer your question, I bought a mini table fan from my local Big Lots this year back in June of 2024.

[@Hankjones1]

I get all my Christmas shopping at Big Lots

[@thebes118]

All the time. Get a discount plus a military discount. But with Bidenomics, I don't spend much anymore.

[@fredk9999]

Loved Bed, Bath and Beyond. They had a lot of fun creature comforts to make life easier for us.

[@danettewelborn5577]

I never, ever found anything worthwhile there. They were so overpriced too.

[@mikef8846]

It was a beautiful store.

[@Hankjones1]

Bed and bath is crazy expensive

[@lovethemflowers]

@fredk9999 -- They still have a website to order online.

[@starsrhi2335]

OUR BEST MAN ON THE GROUND - THANK YOU SIR !

[@Shenkosky]

Dealer showed me the new Cadillac and told me it was a EV Luxury Car perfect for guys like me! I then said if you actually understood your so called rich customers that work all the time you would be smart to remember that our biggest Luxury is TIME! So never show me an EV again because wasting my Time charging is never happening. If I got stuck charging for two hours it would be cheaper to buy another EV! Time is Money!

[@brianmatthews4149]

Cant imagine sitting charging a car while someone comes up and puts a gun in your window and robs you.

[@JohnnysWorld777]

Give it time and Tesla will also tank because there are fewer and fewer repeat buyers. EVs suck and people are figuring this out and if you think you are saving the planet, I have ocean front property for sale in AZ for ya.

[@lovethemflowers]

@JohnnysWorld777 -- Yeah, I imagine it's tough to get a repeat buyer of an EV once the first-time buyers discover the hassles of owning one. I'm sure there are plenty of happy Tesla owners out there, but maybe they just haven't had an expensive repair or battery replacement yet.

[@mistermood4164]

My model y has 125k miles on it, the battery is at 92% capacity by the time the battery dies I could have easily put over 300k on the car. At that point I’d be looking to buy a new car anyway

[@Offensively-normal]

Big lots, formerly known as pick n save. First open its doors in Wisconsin 1975. 50 years. Almost iconic. What a shame.

[@neilmoryson]

Pic n Save

[@DingChavez86]

Try n Save

[@mikejohn0088]

Hey Michael--- I admire your insights, intelligence and your articulation of the reality upon us! You are spot ON brother!

[@bingobunga8995]

The copium is running out

[@deepsix1827]

That looks like a $2,500 per month rental.

[@johnleebass]

if we file for bankruptcy, we're losers, if they file, they're a success

[@saleens330]

Facts. But if you are drowning and tried…don’t wait to file. Who cares what anyone thinks.

[@Dark_Embracer]

People don't have disposable income to spend. They can't find jobs that pays their high rents and high mortgage payments that has gone up with high interest rates.

[@DIVISIONINCISION]

Yes we do, young Embracer. I pour most of my disposable income in to investments. I don't waste it!

[@ballaratevil6048]

How come the whole world is in Debt? By now You would think The World would be in The Black.

[@B-rad303]

I believe Nisson is on the edge of being done also, and Honda is gonna buy them, so I've heard.

[@OldShamus]

Nissan and Honda are trying to merge to keep themselves in business. Nissan is in rough shape.

[@lawyer1165]

Stores have been going out of business as long as we’ve had stores. That includes chain stores that had been in business for more than a century, such as Sears. Frequently the cause is bad management, which includes not paying attention to the competition and to customers.

[@peter5149]

You mean Joe Biden didn’t personally do it???

[@DanielSantos-rf6zw]

Agree 100%. Consumer habits change continually. There will always be companies that cannot change with the times. This the way a free market works.

[@soil-play]

"Bad management" is often intentional... it's what "private equity" is all about.

[@amandaball353]

Great video Michael!! Thank you for keeping it real. The news is just a joke to listen to anymore.

[@MyViewToronto]

2025 already looking ugly 😢

[@scottyoung1489]

There have been over 1,900 car manufacturers in the USA since 1900, Today “you won't find any vehicles on the market that are 100% American-made”.

[@Rebar617]

EVs are toys for rich people, real people cannot use or afford that crap.

[@brianmatthews4149]

Go hybrid. My brother bought a new Corolla 27.000 gets up to 51 mpg.

[@tonyn3227]

Not true, tesla model 3 is now $35k, less than national average and a fantastic car,

[@JulieHiltbrunner]

We will have less in person variety of goods and less variety in shopping experiences. Kinda like poor authoritarian countries. Let’s face it. These stores were unnecessary. These shops and restaurants needed updating but they got lazy. Maybe the party stores needed to be hosting parties. They become lazy and lose innovation and good riddance.

[@MrRockydee07]

Are next president sure has his hands full trying to fix this mess

[@08turboSS]

Are? Grammar much?

[@08turboSS]

No wht house is going fix anything, never have nor will.

[@ryanposton6136]

@@08turboSS lol exactly...

[@SlimShady771]

He'll spend another 12 trillion dollars of our money and give it to his tiny hat friends.

[@nomanrafiq1000]

Our next President is going to do the smae thing again, print more money ao thennext president after him can take the blame.

[@johnkatrich2954]

Christmas Tree shops was another cool place that went belly up. I think it was a division of Bed Bath and Beyond which I also liked.

[@HanlinePyne]

I must say, the wisest thing that should be on everyone's mind on this Christmas 🎄 period should be getting involved in the digital market, I remember when was jobless and faced with many financial problems, but as I started the digital market,my life changed from a jobless person to someone who now owns a house, and I still earn $60,000 after 28 days of trading,and my life has changed for good. AWESOME GOD

[@PozosTomberlin]

Excuse me for real?, how is that ? I have been struggling financially. How was that possible?

[@PozosTomberlin]

What is it you do?

[@HanlinePyne]

Oh, yeah. I was able to achieve that with the help of my coach /Mrs Sandra Maria Ferraguti❤️❤️❤️❤️❤️❤️

[@HanlinePyne]

She's a licensed broker and successful entrepreneur from the state.

[@HanlinePyne]

Her top-notch guidance and expertise on digital market changed the game for me.

[@Angry_Bob]

I remember Boston market, their sweet corn bread and their macaroni was the best.

[@thebes118]

Chicken pot pies!

[@DingChavez86]

Yeah, and their commercials were good too

[@joshuakaeble7810]

If biglot cashier's are getting laid off, how are they going to purchase a 1.8 million dollar home?

[@bobbya51]

A sub prime mortgage ? You know , no money down , zero interest payments for a few years . Then 💥💥

[@allpraisewebb1142]

No lies told here! I can probably count on one hand how many times in the last 10 years+ ive purposely went to shop in a store its just not necessary in 2024 a lot of these other big name retailers will be done also pretty soon

[@daviddruggish271]

Our government is going to miss all this earned income tax from all those employees. I like to see the government taxing robots lol!

[@susanscavelli732]

Those ev batteries are not only expensive they do not save energy they are dangerous!

[@PawesomeCatVideo]

there are more fires in ICE vehicles per mile traveled than in EV's It does not make the news cuz ICE vehicle fires are routine daily occurrence and nobody gives a damn anymore, they just want sensational news.

[@logbia7k608]

What I don't understand is that the numbers say the customer is spending more than ever, how than it comes business like these collapse. It's not the consumers...

[@saleens330]

And you believe the government as well? We have seen the Fed and Democrats gaslight and lie about everything. Everyone I know spent a lot less year than previous years. I knew some that bought nothing at all.

[@garymcgovern1423]

Here in Massachusetts we got stores and companies closing up all over the place. Like you said especially in the next couple of months they'll be gone

[@danettewelborn5577]

There's hair in MA? Hmm

[@nanny8675309]

I’m from Massachusetts, but haven’t lived there in about a decade and I would love to know if Ocean State Job Lot still exist?

[@vicedpowers1750]

You missed the "well the Party's over" intro.