Category Archives: Shopping malls
We Have Tripled The Number Of Store Closings From Last Year, And 20 Major Retailers Have Closed At Least 50 Stores In 2017
This article was originally published by Michael Snyder at The Economic Collapse 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 […]
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, […]
Mall Tenants Seek Shorter Leases As America’s Relics Of The 80’s Teeter On The Brink
As if things weren’t bad enough for America’s mall owners, what with the having to filling their retail space with high schools, grocers and churches, it seems that retailers have grown so uncertain about the future of these 1980s relics that they’re only willing to sign 1-2 leases these days. As Bloomberg points out this […]
Shopping malls empty in Venezuela, as economic woes worsen
Be prepared for the next great transfer of wealth. Buy physical silver and storable food. utopiathecollapse.com / April 19, 2014 Venezuelans, already struggling to find basics like milk and toilet paper at the super-market, are now confronted with empty appliance store windows and clothes racks at shopping centers. Malls have become deserted in the oil-rich country, […]
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 […]