Independent thinking for complex markets and current events
by Michael Do you remember the endless barrage of layoffs and store closings that we experienced during the Great Recession? Well, it is starting to happen again. All over the country, large employers are bringing down the axe really hard. For those that have been laid off, the outlook is not promising at all because …
by Michael If everything is going to be just fine, why are thousands of stores closing all over the country? So far this year, the total amount of retail space that has been permanently closed has surpassed 120 million square feet. We have never seen anything like this before. Store closings spiked during the early …
by Michael Why has hunger in America absolutely exploded during the past 4 years? And why are store closings in the United States on pace to set a brand new record high this year? A lot of people out there don’t want to admit that the U.S. economy has been crumbling for a long time. …
by Michael Retail stores are being shut down at a staggering rate all over the country. If we stay on the pace that we are on, the total number of stores closed in 2024 will be nearly 40 percent higher than the total number of stores closed in 2023. That is what you call a …
Things are going downhill, and they’re going downhill fast. Walmart is the biggest supermarket in the United States. According to the official tracking metrics of Walmart’s income levels, the annual revenue of this superstore chain is just over 611 billion dollars. So why is Walmart closing its stores? Walmart is facing multiple closures and besides …
by Michael If you do things the right way, in the long run you will get positive results. But if you do things the wrong way, in the long run you will get negative results. Our banks are the beating heart of our entire economy, and unfortunately they have been doing things the wrong way …
According to new reports, many Americans are about to lose their local Target stores. Every month, more Target store closings are being announced as the company faces one of its biggest crises since it was founded six decades ago. The retail chain is in a very poor financial shape, with sales on pace to be …
The retail apocalypse is in full force in 2023 — and Amazon is only making it more deadly for many retailers. In recent years, the shopping behavior of consumers has dramatically changed. Nowadays, more and more people are entirely relying on the internet for any purchasing. And brick-and-mortar stores have been closing by the thousands …