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More than 800 Big Box Stores to Close This Year
Daily Mail ^ | 2/20/23 | Will Potter

Posted on 02/20/2023 4:28:54 PM PST by CFW

America is bracing for a mass exodus of retail stores across the nation this year, with more than 800 big box locations set to close from California to New York.

Among the iconic names to announce they are downsizing includes Bed Bath & Beyond, Walmart, Gap and Party City.

At least 803 stores are set to be shuttered over the rest of 2023, with many forced into desperate cost cutting measures amid rampant inflation and declining bottom lines.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Business/Economy; Culture/Society; Front Page News; News/Current Events
KEYWORDS: bideneffect; bidenomics; bigbox; bigboxstores; business; economy; fjb; inflation; markets; retail
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It's normal for businesses to close a few of their stores each year nationwide as some stores become unprofitable. But the governmental response to Covid over the past three years, thus causing supply chains woes, pushed many over the edge that, in the normal of scheme of things, would have remained open.
1 posted on 02/20/2023 4:28:54 PM PST by CFW
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To: CFW

Best Buy....Amazon’s showroom.


2 posted on 02/20/2023 4:30:19 PM PST by Gay State Conservative (No Doubt Now: Stolen Election)
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To: CFW

Way to go Brandon.


3 posted on 02/20/2023 4:34:48 PM PST by Bullish (Either we don't see it coming or they don't... But somebody's got it coming.)
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To: CFW

It is also that the big box businesses have mastered on-time delivery to people’s homes. So they don’t need as many stores. They can keep a few district warehouses and function just fine.


4 posted on 02/20/2023 4:37:04 PM PST by Jonty30 (THE URGE TO SAVE THE WORLD IS ALMOST ALWAYS AN URGE TO RULE IT)
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To: CFW

Congratulations FJB. A bunch of this is YOUR fault. Not that you know or care.


5 posted on 02/20/2023 4:37:43 PM PST by upchuck (When you never took the vaccine or boosters: Still alive and healthy with no chance of side effects.)
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To: CFW

Out of control shoplifting with no consequences when you get caught, is taking its toll on retailers. I don’t blame them. The new “Americans” are some thieving SOBS.


6 posted on 02/20/2023 4:42:10 PM PST by FlingWingFlyer (Remember what FJB Brandon said, "...more than half of the women in my administration are women.")
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To: FlingWingFlyer

BINGO!


7 posted on 02/20/2023 4:46:16 PM PST by laplata (They want each crisis to take the greatest toll possible.)
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To: CFW

I’m having a bit of a laugh. Big box stores killed little mom and pop stores.


8 posted on 02/20/2023 4:46:38 PM PST by 1_Rain_Drop ( ~~ TRUMP is right about EVERYTHING ! ~~ )
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Brought to you by a cooperation between democrats and teens


9 posted on 02/20/2023 4:46:51 PM PST by dsrtsage ( Complexity is just simple lacking imagination)
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To: Jonty30

When I was young there were not so many big box stores. Somehow we could get by ordering from Sears and Monky Wards. I’m sure we will be fine with Internet ordering many of our goods.


10 posted on 02/20/2023 4:47:27 PM PST by angry elephant (Been with Trump since huge 2016 Washington state rally in May.)
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To: Bullish

As much as I despise Brandon, this doesn’t really have anything to do with him.

I don’t even remember the last time I went to a big box store.


11 posted on 02/20/2023 4:48:55 PM PST by dfwgator (Endut! Hoch Hech!)
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To: FlingWingFlyer

“The new “Americans” are some thieving SOBS.”

That is strange. From what all the bleeding hearts say, they only come here for increased opportunities to keep the Ten Commandments. Didn’t Nikki Haley say that immigrants, like her, are more patriotic than native born Americans?


12 posted on 02/20/2023 4:53:19 PM PST by odawg
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To: dfwgator

Biden and the Dims and the enviro loons want to shrink the Nation’s economy. If everything cost more, there will be fewer purchases. The common denominator is the partial shutdown of the oil and natural gas industries. Higher energy costs make every part of the economy more expensive.


13 posted on 02/20/2023 4:57:33 PM PST by Trumpet 1 (US Constitution is my guide.)
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To: dfwgator

We have a Walmart 10 Mi away and I do go there occasionally 0800.

I’m very accustomed to going there during hours when it’s not a complete zoo which usually means before the moms drop off the kids at the public schools... you know the kids who don’t want to take the bus so there’s a traffic jam by every Public School in the county at dropoff and pickup hours.

I know this because at Walmart you can see the pace pick up right around 9am, at around 10:00 is when the assisted care buses starts showing up to drop off folks to pick up a few items and they usually grab a snack at the on-site Subway franchise.

I’m quick I’m usually out of there by 9:00, not my favorite activity but the prices of my grocery items are the best at Walmart and the other grocery stores are further away.

During Christmas I don’t go near the place and right before other holidays I’m not there either.

I can’t imagine going to a party Big Box store that’s insane.


14 posted on 02/20/2023 4:58:01 PM PST by Clutch Martin ("The trouble ain't that there is too many fools, but that the lightning ain't distributed right." )
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To: CFW

Not Party City! 😮


15 posted on 02/20/2023 5:04:37 PM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: Gay State Conservative

Yes. But they actually started monetizing that in a big way. They started charging companies for big branded display sections. Was pretty smart.


16 posted on 02/20/2023 5:06:31 PM PST by Codeflier (My voting days are over. Let it burn...give the people what they want good and hard.)
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To: Georgia Girl 2

“Not Party City!”

I know! At Party City I could always find the items for whatever themed party my grandchildren wanted for their birthday.


17 posted on 02/20/2023 5:08:43 PM PST by CFW (old and retired)
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To: Gay State Conservative

Best Buy is not what it used to be. Online shopping is killing the competition.


18 posted on 02/20/2023 5:09:51 PM PST by volunbeer (We are living 2nd Thessalonians)
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To: volunbeer

I remember loving to go to Fry’s, the last time I went was about 5 years ago, and it was totally depressing.


19 posted on 02/20/2023 5:11:14 PM PST by dfwgator (Endut! Hoch Hech!)
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To: Georgia Girl 2

What about Spatula City?


20 posted on 02/20/2023 5:11:38 PM PST by dfwgator (Endut! Hoch Hech!)
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