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Path: news.eternal-september.org!eternal-september.org!.POSTED!not-for-mail From: JAB <here@is.invalid> Newsgroups: misc.news.internet.discuss Subject: Store closings could accelerate throughout 2025 Date: Wed, 26 Feb 2025 08:27:36 -0600 Organization: A noiseless patient Spider Lines: 23 Message-ID: <vpn8cr$2jksi$1@dont-email.me> Reply-To: JAB <here@is.invalid> MIME-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Injection-Date: Wed, 26 Feb 2025 15:27:39 +0100 (CET) Injection-Info: dont-email.me; posting-host="5ded749fcd2218e016b84763e2dcaae0"; logging-data="2741138"; mail-complaints-to="abuse@eternal-september.org"; posting-account="U2FsdGVkX1+3lHCPeLkMILu/Dwy+jA13" User-Agent: ForteAgent/8.00.32.1272 Cancel-Lock: sha1:p3lHjmRx7h5PsBPo7a9+MoMLNq0= Store closings could accelerate throughout 2025 Major brands like Macy's and Walgreens are continuing to shutter stores About 15,000 retail stores could close in 2025, experts say Brick-and-mortar stores have had a tough time in recent years -- and that trend is likely to continue. Experts say major retailers are expected to continue closing stores at a rapid pace, part of the longstanding and continuing decline of America's retail landscape. This does not mean that the country will run out of stores anytime soon, as the U.S. reportedly had about 800,000 retail businesses at the end of 2022. But a big jump in closures was seen in 2024 -- the largest since the pandemic -- and an even bigger jump is expected in 2025. https://theweek.com/business/store-closings-2025 Consumer spending will take a hit since those unemployed ain't got the funds to purchase this/that....also, support businesses for these closed stores take a hit...and decreased tax revenues.