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"10 Big Retailers in US Collapsing
Right in Front of Our Eyes"
by Finance Today
"Because of the most challenging economic climate that has been witnessed since the 1970s, the retail industry is going through widespread destruction. Even long-established enterprises that have been there for generations are suddenly going out of business because of the current climate. It has been reported by a number of different sources that customers' favorite stores, such as Starbucks and Disney, as well as clothing merchants and department stores, will close their doors this year. The sector as a whole is in a precarious position as a result of the widespread closures that have already taken place. This is due to the fact that retailers are currently grappling with falling sales, rising inflation, and enormous debt burdens during a period of heightened financial unpredictability and higher potential for catastrophe. This video presents a list that we have developed of the top ten retailers who will be fighting for their very existence in the year 2023. Only the most robust brands will make it through, so check out our list of companies to keep an eye out for if they are filing for bankruptcy."
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