True World Intelligence News (TWIN)

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Major U.S. Retailers Are Closing More Than 6,000 Stores

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True signs of the ongoing US Recession

TheSurvivalPlaceBlog

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By Michael Snyder – The Economic Collapse Blog

If the U.S. economy really is improving, then why are big U.S. retailers permanently shutting down thousands of stores?  The “retail apocalypse” that I have written about so frequently appears to be accelerating.  As you will see below, major U.S. retailers have announced that they are closing more than 6,000 locations, but economic conditions in this country are still fairly stable.  So if this is happening already, what are things going to look like once the next recession strikes?  For a long time, I have been pointing to 2015 as a major “turning point” for the U.S. economy, and I still feel that way.  And since I started The Economic Collapse Blog at the end of 2009, I have never seen as many indications that we are headed into another major economic downturn as I do right now.  If retailers are…

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Written by voiceoftruthusa

May 3, 2015 at 11:01 pm

Posted in Uncategorized

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