At this point in 2019, there is now no doubt that retail is falling rapidly. The cause of which is many fold. Regardless, it’s an obvious threat to many jobs. Anchor stores are going out of business and the stores surrounding these once profitable locations are now hurt by the ripple effect. So far in 2019 we have surpassed the store closures from the previous year and are on pace for a record year. That’s not a good sign.
In this video I’m going to show you how many stores are scheduled to close in 2019, how many stores are opening in 2019, and two separate sources to find the most recent data related to this subject.
Here's a running list of retail store closures announced in 2019
https://www.cnbc.com/2019/05/28/heres-a-running-list-of-retail-store-closures-announced-in-2019.html
Weekly US and UK Store Openings and Closures Tracker 2019, Week 22: Cato Announces Closures | Coresight Research
https://coresight.com/research/weekly-us-and-uk-store-openings-and-closures-tracker-2019-week-22-cato-announces-closures/
The Mall Meltdown Continues - WSJ
https://www.wsj.com/articles/the-mall-meltdown-continues-11559559600
https://www.census.gov/retail/mrts/www/data/pdf/ec_current.pdf
Dollar Tree adding alcohol to 1,000 Family Dollar stores
https://www.usatoday.com/story/money/2019/05/30/dollar-tree-family-dollar-alcohol/1283938001/
Daily Job Cuts - Layoffs News / Job Layoffs 2019 / 2018 , Bankruptcy, Store closings, Business Economy News
https://www.dailyjobcuts.com/
end.jpg (1920×1080)
file:///Users/themoneygps/Desktop/GPS/end.jpg
watch.jpg (1920×1080)
file:///Users/themoneygps/Desktop/GPS/watch.jpg
U.S. home flippers are cashing out before profits get slimmer - BNN Bloomberg
https://www.bnnbloomberg.ca/u-s-home-flippers-are-cashing-out-before-profits-get-slimmer-1.1269342
2019 College Senior Survey - Blogs & Ideas | MidAmerica Nazarene University
https://www.mnu.edu/graduate/blogs-ideas/2019-college-senior-survey
These companies have the most to lose from US tariffs on Mexico
https://www.cnbc.com/2019/06/06/these-companies-have-the-most-to-lose-from-us-tariffs-on-mexico.html
Auto loans hit record high, sending borrowers to the used market
https://www.cnbc.com/2019/06/06/auto-loans-hit-record-high-sending-borrowers-to-the-used-market.html
Trump says tariffs on China could be raised by another $300 billion
https://www.cnbc.com/2019/06/06/trump-says-tariffs-on-china-could-be-raised-by-another-300-billion.html
Fed's Williams says the yield curve isn't an 'oracle' for a recession
https://www.cnbc.com/2019/06/06/feds-williams-says-the-yield-curve-isnt-an-oracle-for-a-recession.html
