Retail Industry Collapsing
The signs are everywhere….in the malls, in the shopping plazas, in your local walmart, even online stores are not immune. The retail sector is in a downward spiral and it won’t be long before most businesses become insolvent.
The retail industry is the first aftereffect of the financial collapse of 2008, and it won’t stop here; the ripple effects will be felt by the wholesale industry, the manufacturing sector, and all public services which are funded by sales tax. It’s like a domino effect in motion and the consequences are grave.