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Because Bidenomics is working so well...

Walmart is closing 23 stores in 8 states, (all blue states.)

Target is closing 9 stores in 4 states, (all blue states.)

Walgreens is closing 900 stores in mostly blue states.

Bed, Bath & Beyond is closing its remaining 360 stores.

Lowes has closed 50 stores.

Macy's is closing 150 stores in mainly blue states.

Starbucks has closed 61 stores in mainly blue states.

Home Depot is closing 15 stores.

Dollar Tree is closing 1000 stores.

Foot Locker is closing 400 stores.

Gap is closing 350 stores.

Party City is closing 24 stores in mostly blue states.

Big Lots is closing stores in California and Colorado.

Burger King is closing 400 stores.

Best Buy is closing 20 stores.

Boston Market is closing 27 stores.

Kmart only has 2 stores remaining open.

Sears closed all but 22 stores.

Regal Cinemas has closed 429 movie theaters.

Kroger grocery has closed 413 stores.

US Bank is closing 23 branches.

Wells Fargo is closing over 60 branches.

Capital One is closing 50 branches.

Bank of America is closing 20 branches.
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Picklebobble2 · 56-60, M
Open your eyes a little wider beyond America and you'll see this is high street shopping WORLDWIDE !

WHY ?
Because local authorities are having to charge huge rents and rates because

1. Central government refuses to continuously subsidise business without assurance of return.

2. Retail itself is struggling with high interest rates thanks to banks refusing to lower debt ceilings and credit ratings.

3. Buying anything homemade is expensive for the reasons listed above but cheaper product imports are being delayed either by customs and excise under orders to slow or stop foreign or otherwise produce from hitting the high street and threatening sales of homemade goods already present.
Or staff in those roles are so few in numbers due to shutdowns and layoffs

China; India; Russia; the E:U are all huge economies all experiencing the same thing.