Bruce Wilds
Aug 31, 2018 · 1 min read

In response to retail stores closings, it should be noted these have become so common they go often go unnoticed. The other day the last Sears store in my city announced it is going to shutter its doors. This is the third anchor store in the mall across from my office to exit in 2018. Last year more than 7,000 stores closed their doors, more than twice the amount of stores that opened in the same time period.

A bill is being created as a result of the assault on our brick and mortar retailers and it will come in many forms including defaults on loans and bonds as well as reduced property taxes for local communities. We can also expect a slew of empty buildings blighting our landscape and driving down the value of properties across the nation. The article below explores this issue.

http://brucewilds.blogspot.com/2018/08/retail-closings-are-so-common-they-can.html