Retail Store Closings Continue in 2019

By: Curtis Wayne   2/15/2019

The US consumer is not doing that great.  The debts are too much, household debts keep setting records.  College loans, car loans, credit card loans they are all setting records. 

In some ways the economy is doing great and in other ways the economy is already in recession.

According to the global market research firm’s report, just six weeks into 2019, US retailers have announced 2,187 closings of physical stores.  That’s up 23 percent compared to last year.

This is clearly pointed out that the US consumer is in trouble and the US is about to face a deep recession.

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