No stock picks today.
Something I have noticed in the DC area – but apparently is a thing all over the country – more and more retail stores being built even as fewer people are going to physical retail stores to shop:
Physical Retail Stores are dying at an alarming rate:
- CNN Money – Ann Taylor, Dress Barn, Loft, Lane Bryant: Store closures on the way
- MarketWatch – Gymboree files for bankruptcy
But new competitors keeps building stores – we have 7 supermarkets within a two-mile radius of our house here in Virginia – but they are building more:
- Business Insider – A grocery chain you’ve never heard of is about to be one of the biggest in America
And we even have a new Wal-mart coming in! Not sure when this will end – I fear a lot of empty stores during the next downturn. They can’t all become Halloween Stores:
Extra – good advice from kids:
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