• Visitors Now:
  • Total Visits:
  • Total Stories:
Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Can You Imagine Empty Grocery Stores?

Saturday, June 20, 2015 7:27
% of readers think this story is Fact. Add your two cents.
0

Lock

By: Voice of Reason

FOR MORE NEWS BY VOICE OF REASON CLICK HERE!

www.thelastgreatstand.com

 

 

Welcome to the future ladies and gentleman. In the first video below, take a real good look at what will eventually make its way to every city and town across the United States. The man from Southern California being interviewed explains how he had to get to the grocery store by 6am in order to beat the crowds and buy enough for his family. 

At about the 6:00 minute mark, the man being interviewed goes on to say the average person in the grocery waited over an hour just to check out, and wait until you hear how few items most people were getting. Over an hour?

Can you imagine having to get to the grocery by 6am, otherwise you may not be able to buy food? A study was done not too long ago about how susceptible America is to starvation if our economy implodes, and the results of the study were shocking!

Don’t take my word for it… watch the interview outside the grocery below. In the second video, you” see that grocery store wars in California are actually pushing some stores out of business all together. See the bare shelves for yourself!

Join my Twitter feed | Like my Facebook page

 

Join my Twitter feed | Like my Facebook page

 

ARE ALL MAJOR GROCERS ON COURSE TO SHUT DOWN? 

THEY VERY WELL COULD BE!

 

Join my Twitter feed | Like my Facebook page

 

BUT IT’S NOT JUST GROCERY STORES!

In the next video, DEMCAD reviews a long list of retailers closing their doors. As much as I hate to say it, this should not be news to anyone.

The mainstream media still wants to put Joe Biden on TV, foot in mouth and all, and have him tell us we are in yet another “Summer of Recovery.” Guess what?

We’re not. Many of us have been screaming it from the rooftops, only for it to fall on deaf ears. Obama and his administration are pathological liars, and the sooner people wake up to that fact, the better off they’ll be.

News Flash: The Obama “recovery” we keep hearing about is SO “robust,” over 6000 whole stores are closing from major retail chains across the country.

Even worse news, as I state in my post titled, Deathblow to the Dollar – Even Our “Allies” Abandoning U.S., we are nowhere near the worst of yet, but it’s coming.  

LISTEN TO DEMCAD DISCUSS ALL THE STORES SHUTTING DOWN:

 

HERE ARE JUST A FEW:

Family Dollar & Dollar Tree: 340 Stores Closing Down

Office Max and Office Depot: Over 400 Stores Closing Down

U.S. Steel: Laying Off: Over 9000 Jobs Closing Down

Walgreens: 200 Stores Closing Down

Target: 133 Stores Closing Down

Stapes: 55 Stores Closing Down

Sears: 77 Stores Closing Down

JC Penny: 40 Stores Closing Down

Abercrombie: 180 Stores Closing Down

American Eagle: 150 Stores Closing Down

Radio Shack: 1784 Stores Closing Down

 

RESEARCHER WARNS: MILLIONS WILL DIES FROM ECONOMIC COLLAPSE, LEAVE AMERICA NOW!

 

There has been non-stop talk about Operation Jade Helm, Martial Law, and FEMA Camps, and for those that don’t think it can happen, let me ask you one question: If we are seeing 6,000 major retail stores close here in the U.S. THIS year, and we’re in a “recovery,” what do you think happens when the bubble we are living in pops and we are not in a “recovery?”

FOR MORE ON JADE HELM:

Memo Outlines Obama’s Plan to Use the Military Against Citizens

Patriots: “Homeland Eradication of Local Militants” Means You

Shocking: Congressman Reveals Why The Feds May Unleash Jade Helm

Pentagon Bluntly Responds to Senator Cruz’s Jade Helm Inquiry

Pentagon Issues Response to Texas Move Against “Martial Law” Exercises

Abbott Calls Obama a Liar, Has Texas National Guard Monitoring Jade Helm

Congressman Louie Gohmert Expresses Fear on His Website About Jade Helm

Military is Transitioning From Drills (Operation Jade Helm) to MARTIAL LAW… 

 

MAJOR U.S. RETAILERS ARE CLOSING OVER 6,000 STORES…

 

Michael Snyder of the Economic Collapse Blog writes:

If the U.S. economy really is improving, then why are big U.S. retailers permanently shutting down thousands of stores?  The “retail apocalypse” that I have written about so frequently appears to be accelerating.  As you will see below, major U.S. retailers have announced that they are closing more than 6,000 locations, but economic conditions in this country are still fairly stable.  So if this is happening already, what are things going to look like once the next recession strikes?  For a long time, I have been pointing to 2015 as a major “turning point” for the U.S. economy, and I still feel that way.  And since I started The Economic Collapse Blog at the end of 2009, I have never seen as many indications that we are headed into another major economic downturn as I do right now.  If retailers are closing this many stores already, what are our malls and shopping centers going to look like a few years from now?

The list below comes from information compiled by About.com, but I have only included major retailers that have announced plans to close at least 10 stores.  Most of these closures will take place this year, but in some instances the closures are scheduled to be phased in over a number of years.  As you can see, the number of stores that are being permanently shut down is absolutely staggering…

180 Abercrombie & Fitch (by 2015)

75 Aeropostale (through January 2015)

150 American Eagle Outfitters (through 2017)

223 Barnes & Noble (through 2023)

265 Body Central / Body Shop

66 Bottom Dollar Food

25 Build-A-Bear (through 2015)

32 C. Wonder

21 Cache

120 Chico’s (through 2017)

200 Children’s Place (through 2017)

17 Christopher & Banks

70 Coach (fiscal 2015)

70 Coco’s /Carrows

300 Deb Shops

92 Delia’s

340 Dollar Tree/Family Dollar

39 Einstein Bros. Bagels

50 Express (through 2015)

31 Frederick’s of Hollywood

50 Fresh & Easy Grocey Stores

14 Friendly’s

65 Future Shop (Best Buy Canada)

54 Golf Galaxy (by 2016)

50 Guess (through 2015)

26 Gymboree

40 JC Penney

127 Jones New York Outlet

10 Just Baked

28 Kate Spade Saturday & Jack Spade

14 Macy’s

400 Office Depot/Office Max (by 2016)

63 Pep Boys (“in the coming years”)

100 Pier One (by 2017)

20 Pick ’n Save (by 2017)

1,784 Radio Shack

13 Ruby Tuesday

77 Sears

10 SpartanNash Grocery Stores

55 Staples (2015)

133 Target, Canada (bankruptcy)

31 Tiger Direct

200 Walgreens (by 2017)

10 West Marine

338 Wet Seal

80 Wolverine World Wide (2015 – Stride Rite & Keds)

So why is this happening?

Without a doubt, Internet retailing is taking a huge toll on brick and mortar stores, and this is a trend that is not going to end any time soon.

But as Thad Beversdorf has pointed out, we have also seen a stunning decline in true discretionary consumer spending over the past six months…

What we find is that over the past 6 months we had a tremendous drop in true discretionary consumer spending. Within the overall downtrend we do see a bit of a rally in February but quite ominously that rally failed and the bottom absolutely fell out. Again the importance is it confirms the fundamental theory that consumer spending is showing the initial signs of a severe pull back. A worrying signal to be certain as we would expect this pull back to begin impacting other areas of consumer spending. The reason is that American consumers typically do not voluntarily pull back like that on spending but do so because they have run out of credit. And if credit is running thin it will surely be felt in all spending.

The truth is that middle class U.S. consumers are tapped out.  Most families are just scraping by financially from month to month.  For most Americans, there simply is not a whole lot of extra money left over to go shopping with these days.

In fact, at this point approximately one out of every four Americans spend at least half of their incomes just on rent

More than one in four Americans are spending at least half of their family income on rent – leaving little money left to purchase groceries, buy clothing or put gas in the car, new figures have revealed.

A staggering 11.25 million households consume 50 percent or more of their income on housing and utilities, according to an analysis of Census data by nonprofit firm, Enterprise Community Partners.

And 1.8 million of these households spend at least 70 percent of their paychecks on rent.

The surging cost of rental housing has affected a rising number of families since the Great Recession hit in 2007. Officials define housing costs in excess of 30 percent of income as burdensome.

For decades, the U.S. economy was powered by a free spending middle class that had plenty of discretionary income to throw around.  But now that the middle class is being systematically destroyed, that paradigm is changing.  Americans families simply do not have the same resources that they once did, and that spells big trouble for retailers.

As you read this article, the United States still has more retail space per person than any other nation on the planet.  But as stores close by the thousands, “space available” signs are going to be popping up everywhere.  This is especially going to be true in poor and lower middle class neighborhoods.  Especially after what we just witnessed in Baltimore, many retailers are not going to hesitate to shut down underperforming locations in impoverished areas.

And remember, the next major economic crisis has not even arrived yet.  Once it does, the business environment in this country is going to change dramatically, and a few years from now America is going to look far different than it does right now.

 

WANT TO KNOW WHAT DIRECTION MARTIAL LAW IS COMING FROM?

WHEN PEOPLE CAN’T GET FOOD… EXPECT MARTIAL LAW!

 

By: Voice of Reason

FOR MORE NEWS BY VOICE OF REASON CLICK HERE!

www.thelastgreatstand.com

 

 

THE VOICE OF REASON

Dollar Dump

FOR LINKS TO UNDERSTAND THE ECONOMY & THE COMING ECONOMIC COLLAPSE:

 

GET YOUR VAST RIGHT WING CONSPIRACY 

COFFEE MUG TODAY!

 

Mug

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Today's Top Stories

Most Recent Stories

Register

Newsletter

Email this story
Email this story
Share This Story:
Print this story
Email this story
Digg
Reddit
StumbleUpon
Share on Tumblr
GET ALERTS:

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.