The national retail federation (nrf) released its 2023 retail security survey, providing insight from 177 brands, accounting for $1. 6trillion of annual retail sales in 2022. More than 3,700 u. s. Heres why and what it means for the future of shopping. · food insecurity in america has nearly doubled since 2021, and store closures are breaking records. Stores are shutting their doors this year, a wave of closures that is reshaping where and how americans shop. · store closures in the u. s. · many retail giants are filing for bankruptcy and closing their doors in 2024. From the rise of online shopping to economic shifts, learn about the factors driving this retail apocalypse and how it might signal a broader economic downturn. · disturbing new data has shown the cities most at risk for store closures as retail crime continues to rise in the us. · with both iowa and nebraska reporting sharp drops in independent grocery stores ranging from 15-30% in the last decade, its clear that they have been suffering. Last year hit the highest level since the pandemic — and even more locations are expected to shutter this year, as shoppers’ dollars increasingly go to a few industry. Explore the economic crisis impacting millions. Discover why stores are closing everywhere and what it means for you.
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