2024 predictions foresee numerous store closures due to financial struggles and changing consumer patterns, affecting major companies like Big Lots, JC Penney, and others.

2024 predictions suggest numerous store and retail chain closures due to financial struggles, bankruptcy, and changing consumer patterns. Major companies expected to close stores or face bankruptcy include Big Lots, Joann Fabric, JC Penney, Neiman Marcus, Rite Aid, Foot Locker, Stitch Fix, and Lowe's & Home Depot. Factors such as vacant storefronts in malls, increasing debt, and supply chain issues contribute to these closures.

August 24, 2024
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