Many national retail outfits and local shopping malls will likely continue to close stores, sell out , merge, or go broke.
JCPenney, Macy’s, K-Mart / Sears, H.H. Gregg, Gordmans , MC Sports, Gander Mountain, RadioShack, Payless shoes , Borders, Circuit City, Blockbuster ... just to start.
What I don’t get are all the mattress retail stores, they’re all over the place. Buying a mattress is a once every decade thing in my exposure, so what’s up with that, who or what is their market? I’ve been expecting bankruptcies among the many mattress retailers for years, but nothing yet.