Liberals will be hard pressed to tout Obama’s economic success after the retail apocalypse has been fully realized.
With thousands of stores being closed across the country, the Federal Reserve will have a hard time propping up our failed economy with QE and zero-interest polices after confidence is finally completely shattered.
SEE PAGE 2 FOR LIST OF CLOSING STORES:
grew up with Sear/s!!!
People not paying sales tax on internet purchases doesn’t help.
Stores are closing because more and more people are shopping online.
Too many emporiums selling the same stuff . The completion make for very little profit Alas close down .
Online retail sales has changed how people shop. Store closings doesn’t mean all of these companies are going out business it means they are adjusting to modern retail trends. Why waste money on a store front and utilities if everyone is shopping online?
illegal aliens from mexico and cntrl america
They are probably just looking for a bailout , or some kind of scheme to screw the working cl$#%&!@*.
companies are into making money, don’t care who it comes from, cl$#%&!@* warfare is stupid to blame. real problem, discretionary income…..with costs up, esp healthcare, and earnings down esp in the middle cl$#%&!@*, the forseeable future is less money to spend on extra items because most of the paycheck goes to fixed expenses. Companies dont see this getting any better soon, so position to survive….
Closing stores that aren’t showing a profit. Most shoppers are going nonlinear to shop for goods.
Yes, blame Obama for the fact that people are buying stuff online now instead of going to retail outlets. Evolve or die as they say, but I guess the conservatives don’t believe in evolution.