Your favorite store may be gone before the year ends. Big-box retailers, grocery stores, apparel chains, home goods companies, and even some very big names like Burger King, GameStop, and Sephora are announcing mass store closings in 2023 due to a series of economic threats emerging everywhere all at once.
Similarly, Kroger is not done closing stores in the U.S. The grocery chain is getting rid of hundreds of locations that have been reporting poor performance and profitability in recent years. Lori Raya, president of Kroger’s Mid-Atlantic Division, said in a statement that the company “could not continue to operate stores that have been losing money for a sustained period of time.”
But according to retail analysts, a much bigger wave of shutdowns may be ahead. Kroger’s merger with Albertsons means that about 500 branches will be chopped so that the companies meet legal requirements. Unfortunately, this also means that thousands of jobs are going to be lost during that process.
Meanwhile, a fourth round of store closings has begun for Macy’s. After shuttering 125 of “its least productive stores” in 2021 and 2022, another 45 locations are now on the retailer’s chopping block. Previously, Macy’s announced that it would slash a fifth of stores and lay off 2,000 employees to allegedly improve productivity.
Last month, CEO Jeff Gennette explained in a statement that the decision came after the company analyzed its sales growth outlook and revenue forecasts for 2023. “Based on current macro-economic indicators and our proprietary credit card data, we believe the consumer will continue to be pressured in 2023, particularly in the first half, and we have planned to adjust our accordingly, ” he said.
Target is now conducting a series of store closings citing declining foot traffic, rising shoplifting cases, and collapsing profits as the reason for the decision, according to a recent report. The first round of shutdowns will hit dozens of grocery stores in Maryland, as well as Virginia, Minnesota, and Pennsylvania.
Executives said the locations haven’t been able to improve performance over the past twelve months, and the retailer’s worsening financial woes are behind the tough decision.
With so many major brands seeing operations crumble in such a short period of time, we can certainly comprehend why retail experts call this crisis an “apocalypse.” Our economic scenario is being ravaged by so many losses.
Consumers and U.S. communities are losing stores that served them for years and will definitely be missed. Struggling stores don’t stand a chance in this unforgiving environment, and it is safe to say that many other chains will follow the same move in the coming months.
The situation is so dire that analysts estimate that by the end of 2023, the national brick-and-mortar footprint may be reduced by up to 20% — the biggest annual decline since the onset of the U.S. retail apocalypse in 2017. We may actually surpass the number of closures seen during the pandemic when thousands of businesses collapsed pretty much overnight.
This is certainly an unprecedented crisis, and in today’s video, we decided to expose which major chains are shrinking their store bases this year so you can have the chance to visit some of these beloved retailers one last time.
Article and video by Epic Economist.
Bypass Big Tech Censors
For Emergency Preparedness, Don’t Forget the Meds
Being prepared is more than just a good idea—it’s essential. We stock up on non-perishable food, bottled water, flashlights, and first-aid supplies, but one critical aspect often gets overlooked: access to vital medications. What happens if pharmacies close, prescriptions can’t be filled, or you’re cut off from medical care during an emergency?
That’s where Jase Medical steps in, offering a reliable solution to ensure you and your family have the medications you need when it matters most.
Jase Medical specializes in emergency preparedness kits designed to provide peace of mind through physician-reviewed, prescription medications delivered right to your door. Their flagship product, the Jase Case, is a comprehensive emergency antibiotic and medication kit priced at $289.95.
This kit includes 10 essential medications—five life-saving antibiotics and five symptom relief meds—that can treat over 50 common infections and illnesses, from urinary tract infections and pneumonia to skin infections and traveler’s diarrhea. With 28 add-on options available, you can customize the kit to fit your specific needs, including a KidCase for children ages 2-11.
The process is straightforward and hassle-free. Simply visit Patriot.tv/meds, complete an online evaluation, and have your order reviewed by a board-certified physician. Once approved, the medications are shipped discreetly from a licensed pharmacy to your U.S. address (with plans for Canada shipping coming soon). Each kit comes with detailed Med Cards outlining symptoms, dosing, and usage, making it easy to administer even in high-stress situations. These medications are shelf-stable and designed for long-term storage, empowering you to handle medical emergencies without relying on external help.
For those on the move, Jase Medical also offers the Jase Go kit for $129.95, a compact travel med kit covering over 30 common conditions encountered during adventures or trips. And for ongoing needs, Jase Daily provides an extended supply of your prescribed chronic medications to safeguard against disruptions in supply chains or extreme weather events.
Don’t just take our word for it—thousands of satisfied customers have given Jase Medical a 4.9-star rating, praising its role in true preparedness. As radio host Glenn Beck warns, “The supply lines for antibiotics already are stressed to the max. Please have some antibiotics on hand… You can do it through Jase.”
Whether you’re prepping for a hurricane, a power outage, or simply the uncertainties of daily life, Jase Medical ensures you’re not caught off guard. Head to patriot.tv/meds today to customize and order your emergency kit—because when it comes to your health and safety, it’s better to be prepared than sorry.