Biden’s economy is COLLAPSING as companies everywhere announce bankruptcies, closures fueled by runaway inflation
A new analysis from CoreSight Research warns that nearly 3,200 stores are slated for closure across America this year, this representing a 24 percent increase in store closures compared to 2023.
Leading the pack are U.S. drug stores and pharmacies, which shuttered eight million square feet of retail space so far this year. Then comes the rest of the retail sector which is losing inventory and customers due to rampant theft.
Petty “retail shrink” has morphed into “organized retail crime,” the CoreSight Research report explains about just how bad thing have gotten, especially since the Wuhan coronavirus (COVID-19) “pandemic.”
About 30 retailers account for most of the 3,200 U.S. stores being closed this year. Family Dollar captures most of them at more than 600, the…
