There are stores closing all over the US. There are a number of different reasons being given for why all these stores are closing. Some of the excuses, I don't believe are at the core of these closing.
I believe online shopping and text to shop, is a far more lucrative sales model than brick and mortar stores. No utility expenses, a great reduction in the number of employees needed, no building insurance, reduced employee insurance, and the list goes on for so many other expenses that will turn to profits.
We were conditioned to online and text shopping during the lock downs, and now the beta test is over. I believe they have many things in store for us. But the stores will be virtual.
https://www.businessinsider.com/stores-c...0-stores-8
I believe online shopping and text to shop, is a far more lucrative sales model than brick and mortar stores. No utility expenses, a great reduction in the number of employees needed, no building insurance, reduced employee insurance, and the list goes on for so many other expenses that will turn to profits.
We were conditioned to online and text shopping during the lock downs, and now the beta test is over. I believe they have many things in store for us. But the stores will be virtual.
Quote:More than 1,400 stores are closing across the US in 2023. Here's the full list.
https://www.businessinsider.com/stores-c...0-stores-8
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