15 Retailers Going Out of Business This Fall (Video)
This is a 27 October 2024 video.
Holiday shopping will look a whole lot different this year as U.S. retailers continue to drop like flies. The current economy is choking the life out of several iconic retail chains given that the higher cost of basic goods and services is forcing consumers to spend less.
At the same time, the cost of running a business continues to climb, and disappointing sales numbers are putting many companies at risk of going bankrupt in the coming months. Have you noticed that empty storefronts are becoming far more common than they have ever been before? So far this year, big retailers already closed more than 4,000 locations. Industry experts estimate that figure will double by the end of 2024.
They believe store closures will be 40% higher than they were in 2023. That will result in approximately 8 million square feet of vacant retail space across the U.S. This means some of our favorite stores will no longer be open during the shopping season.
If you want to find out which companies are closing doors forever and conducting liquidation sales right now, stay tuned until the end of the video. Without further ado, here are 15 Retailers Going Out Of Business This Fall
https://youtu.be/YbeyNQNweCo
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