in my feed this morning, news that Family Dollar [1] and Dollar Tree [2] are both closing nearly 1,000 stores each, owing to among other things, a “surprise” fourth quarter loss. Makes one mindful of the party that apparently invented the word “unexpectedly.”
Tyson’s chicken closed 8 plants in 2023, located in Van Buren, Arkansas; Glen Allen, Virginia; North Little Rock, Arkansas; Corydon, Indiana; Dexter, Missouri; and Noel, Missouri, and two more. This morning comes news that they are also closing the Perry, Iowa plan [3]t costing yet another 1,200 jobs. And of course raising the cost of chicken.
Walmart is closing 23 stores in 8 states (all blue).
Target is closing 9 stores in 4 states (all blue).
Walgreens is closing 900 stores (mostly blue)
Bed bath and beyond is closing its remaining 360 stores.
Lowes has closed 50 stores.
Macy’s is closing 150 stores (mainly blue)
Starbucks has closed 61 stores (mainly blue)
Home Depot is closing 15 stores
Dollar Tree is closing 1,000 stores
Foot Locker is closing 400 stores
Gap is closing 350 stores
Party City is closing 24 stores (mainly blue)
Big Lots is closing stores in Cali 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 left
Sears closed all but 22 stores
Regal Cinemas has closed 429 movie theaters
Kroger grocery chain 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
BUT… everything is fine and the economy is “booming”.
Right, Democrats?
