Why All The Bankruptcies & Store & Restaurant Closures?....

[global1]

Every morning when I start my phone up - I'm reading about all these closures to stores, restaurants and businesses.

There seems to be an unusual amount of this going on.

Is this Tr**p's fault?

[WhiskeyGrinder]

1. With chains, it's usually because they got gutted by private equity, which has been going on for decades.

[yankee87]

2. Fake News

According to my Orange Savior, the economy is adding 1 trillion jobs per month and everyone is rich. I mean, he's always a winner and never lies.
Let's all jump on the train heading for the cliff.

[Silent Type]

3. On-line shopping, changing demand, fear of tariffs, consumers more cautious, overbuilding, and more.

[ananda]

4. LOL -- Better question: What isn't Trump's fault?

[Rebl2]

7. Exactly!

[Ritabert]

5. A lot of stores have been going downhill for years

Private equity plays a part like Bed, Bath & Beyond, Joann Fabrics and Simplicity Patterns. Also a lot of these businesses are inventory heavy with high rent payments. As for restaurants Red Lobster was a victim of private equity which sold off the real estate and then charged ruinous rents. People are also cutting back on eating out. Too expensive for mediocre food. The Trump effect though is just getting started. I've seen it with lack of tourists this summer. People are too uncertain to waste money on vacation.

[Initech]

6. But hey republican morons on mass media say it's good for America!

Because apparently there's a golden age coming, or something.

[RainCaster]

9. golden age or golden showers?

I have my doubts about all this "winning".

[ImNotGod]

8. Mom and pop stores and restaurants that barely survived covid are being finished off by the withering aftereffects' of

the Dumbassvoter virus.