Nolte: Study Shows 40,000 Retail Stores Could Close over Next Four Years

As more and more people shop online, the ongoing wipeout of brick-and-mortar retail stores will continue.

One study shows that by 2030, a mere four years from now, 40,000 more retail stores could close down. This is after more than 10,000 retail closures since 2023.

Per the study, the primary victims will be “clothing, consumer electronics, home furnishings, office supplies, and sporting goods.”

Here’s an interesting number — the “forecast is that e-commerce penetration rates in the U.S. will top 27 percent by the end of the decade, up from the current 22 percent.”

So, physical stores will still dominate retail. But what kind of physical stores?…

Read the full article at BREITBART.COM