[FatherofFive]

In all, 198 stores in 23 states will close, as will the 113-year-old discount retailer’s 352,000-square-foot distribution center in Abilene.

More great news from the 0bama economy. More businesses are closing then opening.

[evaporation-plus]

According to the US Census Bureau,

Business startups outpaced business failures by about 100,000 per year until 2008. But in the past six years, that number suddenly reversed, and the net number of U.S. startups versus closures is minus 70,000.