Category Archives: Retail Industry
The Retail Apocalypse Picks Up Speed As Sears, JCPenney, Brookstone And Mattress Firm Spiral Toward Bankruptcy
via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Over 20 major retailers have filed for bankruptcy since the beginning of last year, and in 2018 we may break the all-time record for annual store closings that was established just last year. We are […]
Would This Have Happened Under President Hillary? Holiday Retail Sales Soar Compare To Last Year
We are nearly a year into Donald Trump’s presidency, and the economic numbers continue to look quite good. On Monday, we learned that U.S. retail sales during the holiday season are projected to be way up compared to 2016. Yes, there are all sorts of economic red flags popping up all over the place, and […]
We Have Tripled The Number Of Store Closings From Last Year, And 20 Major Retailers Have Closed At Least 50 Stores In 2017
Did you know that the number of retail store closings in 2017 has already tripled the number from all of 2016? Last year, a total of 2,056 store locations were closed down, but this year more than 6,700 stores have been shut down so far. That absolutely shatters the all-time record for store closings in […]
As America Gives Thanks, Homelessness Continues To Set New Records In Major Cities All Over The Nation
If the economy is doing just fine, then why is homelessness at levels not seen “since the Great Depression” in major cities all over the country? If the U.S. economy was actually in good shape, we would expect that the number of people that are homeless would be going down or at least stabilizing. Instead, […]
Why America’s Retail Apocalypse Could Accelerate Even More In 2018
Is the retail apocalypse in the United States about to go to a whole new level? That is a frightening thing to consider, because the truth is that things are already quite bad. We have already shattered the all-time record for store closings in a single year and we still have the rest of November […]
The Retail Apocalypse Accelerates: Collapsing Holiday Sales Are A Signal That A Recession Is Coming
Be prepared for the next great transfer of wealth. Buy physical silver and storable food. theeconomiccollapseblog.com / By Michael Snyder on December 1st, 2014 Retail sales during the four day Thanksgiving weekend were down a whopping 11 percent from last year. This is a “make or break” time of the year for many retailers, and if […]
The Economy Is Okay? U.S. Retail Store Closings Hit A New Record High As West Coast Homelessness Soars
If the U.S. economy is doing just fine, why have we already shattered the all-time record for retail store closings in a single year? Whenever I write about our “retail apocalypse”, many try to counter my arguments by pointing out the growing dominance of Amazon. And I certainly can’t deny that online shopping is on […]