- Silver Report Uncut
Economic News December 29, 2019. Today we are focusing on the retail apocalypse that has been taking place over the past few years and we only focused on some of the most notable retailers there was actually a lot more than the store closures detailed here. This list is in alphabetical order and not chronological due to how the data was compiled, but nevertheless, the truth is we need to take a look at the retail apocalypse for the US retail sector. The troubling part is that many analysts just point to internet sales well to some degree the may be true but the question we pose in this video is could it be the rise of internet sales is partially due to less brick and mortar retailers after record years of store closures? If it is internet sales would it matter? not really as we cover here the tax implications are real the loss of jobs in the areas affected by store closures and property values both on the local area and commercial real estate. P.S. there is still a ton of Toys R Us stores available for lease.