Article from https://sentext.jeffdionne.com
2019 is bringing in many retail companies announcing store closings. Investment bank UBS says 75000 store may close by 2026. List of a some stores that have announced closing and how many!
Store closing in 2019
Name:# of there stores closing
4. J.C. Penny:27
5. Bed Bath & Beyond:40
8. Victoria’s Secret:53
10. Pier 1 Imports:145
13. Lifeway Christian Store:170
15. Family Dollar:390
So much more to list but this gives you an idea. Some say it is because we all shop online. I know i like to try clothes on and shoes in person and i’m sure you do also! Is this bad investments that came to fruition or is it just competition or maybe the economy?
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some info sited from this article —>>> https://moneywise.com/a/retailers-closing-stores-in-2019
Jeff Dionne, Sentext Solutions,MMC