“Now learn this lesson from the fig tree: As soon as its twigs get tender and its leaves come out, you know that summer is near. Even so, when you see all these things, you know that it is near, right at the door. Truly I tell you, this generation will certainly not pass away until all these things have happened. Heaven and earth will pass away, but my words will never pass away.’ “But about that day or hour no one knows, not even the angels in heaven, nor the Son, but only the Father.”
- Matthew 24:32-36 (NIV)
"I thought we had more time."
- Stefan Molyneux
Are the big box retail stores the canary in the mine for our economy? If they are, then the great economic Apocalypse could be ‘right at the door’. Get ready.
“Visits to malls declined by 50% between 2010 and 2013, according to the real-estate research firm Cushman & Wakefield.”
“Roughly a third of shopping malls are at risk of dying off as a result of store closures, according to data from Green Street Advisors. When a mall loses an anchor store, like Sears, it can be nearly impossible to survive.”
“Kmart, which merged with Sears in 2005, has been criticized for its disorganized stores. “
“Sears plans to shutter 108 Kmart stores and 42 Sears stores by April.”
“Macy's is closing 68 locations in early 2017.”
“JC Penney is closing 138 stores early this year.”
“Nearly everything at RadioShack is on sale as the chain prepares to close 552 stores.”
These haunting photos of the retail apocalypse reveal a new normal in America – Business Insider