Local Streetz News

Retailers Closed Down over 4,600 Stores in 2023, with More to Come in 2024

todayJanuary 1, 2024 15

share close
AD
AD

Major retailers have experienced a wave of store closures in 2023, an 80% surge from the year prior, Coresight Research reports.

The top reasons include bankruptcy of one major chain and some stores just not performing well in certain areas. The continued growth of online shopping is another factor, and other retailers said that theft is a major reason for their decision to close some stores, according to CBS News. 

The article Retailers Closed Down over 4,600 Stores in 2023, with More to Come in 2024 appeared first on Tennessee Star.

AD

Written by:

Rate it

Post comments (0)

Leave a Reply

Partners & Sponsors

STREETZ 99.3 | ALL RIGHTS RESERVED 

AD
AD
AD
Ads Blocker Image Powered by Code Help Pro

Ads Blocker Detected!!!

We have detected that you are using extensions to block ads. Please support us by disabling these ads blocker.

Powered By
Best Wordpress Adblock Detecting Plugin | CHP Adblock

Discover more from Streetz 99.3

Subscribe now to keep reading and get access to the full archive.

Continue reading