8,640 stores may close in 2017

Buss based his estimate on the number of store closings reported so far in 2017; 2,880, Bloomberg reported. If Buss’s prediction comes true the number of store closings in 2017 will exceed the record number in 2008, the year of the Great Economic Meltdown.

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The Retail Jobs Apocalypse Might Doom Trump’s Jobs Agenda

Sooner or later, Trump will have to face the retail-jobs apocalypse, particularly if he wants to get reelected. Although dealing with it might doom his administration, because it might expose just how ineffective his policies might be and how hollow his promises seem.

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The Retail Jobs Apocalypse is here

Hundreds of thousands of retail jobs are vanishing before our eyes.

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