By Mac Slavo – Re-Blogged From Freedom Outpost
Another economic red flag has appeared and its the closure of retail stores. According to a new report detailing the precarious situation of the current economy, there is “no light at the end of the tunnel” as the closure of brick and mortar stores will continue.
Coresight Research released an outlook of 2019 store closures Wednesday, saying, there’s “no light at the end of the tunnel,” according to several reports, including one from Yahoo News. According to the global market research firm’s report, a mere six weeks into 2019, United States retailers have announced 2,187 closings of physical stores. That’s up 23 percent compared to last year. Those closings include 749 Gymboree stores, 251 Shopko store, and 94 Charlotte Russe locations.