They are closing the Express stores which were a really bad idea.
Dow is up 30 points today
The one store that is opening all over the place here in my corner of Alabama is the Dollar General. They are popping up all over the place. Starting out just like Wal Mart did in the beginning with all those small stores all over the place. I was in Germany when Wal Mart first came to our areas here and when I came home all these new stores were around. I asked my mother when those opened and she said last year and the guy who owned them lived in Arkansas. I had never heard of the company until I returned from Germany.
I agree, those Express stores didn’t fit.
But they did close a SuperCenter in Fairfield, Alabama.
It’s not only the Express stores they’re closing. Some are super centers. There are 4 closures in my city, and I know that 2 of them are Express stores, one is a supercenter...the one closest to me is the supercenter, and I’m not familiar with the 4th one as it’s in a suburb I don’t tend to visit.
There are several more within my state which are closing, but 4 in my city alone. That’s going to impact a LOT of jobs and really make it difficult for some to live here. Many big paying jobs are gone, too.
In the immortal words of Peter Sellers:
"Not any more"
ANd it's 269 stores out of 11,000.