why are supermarkets closing down - Search
  1. The real reasons stores such as Walmart and Starbucks are …

    • Some of those policymakers, including both Republican and Democratic leaders, have pointed to crime as a chief reason for the closures, following videos of brazen shoplifting incidents. “We’re losing chain … See more

    Remote Work

    Even at stores still in city centers, fewer people are often shopping. One major factor here is the pandemic-fueled shift to remote work:Between 2019 and 2021, the number of … See more

    CNN
    Online Shopping

    Retail stores are also under pressure from the continued shift to online shopping. E-commerce made up 14.7% of all retail sales during the final quarter of 2022, according to the Cens… See more

    CNN
    ‘Downtown Is For People’

    There’s no easy fix to slow the exodus of retail chains from cities. Replacing a Nordstrom with another department store, or swapping out a CVS for a different drug store chain… See more

    CNN
    Bringing Streets to Life

    If the future of shopping is not giant department stores, a wider mix of stores will be needed to make downtowns more appealing. Traditionally, retail landlords seek out th… See more

    CNN
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  2. Reasons for supermarkets closing down include12:
    • Panic buying during the pandemic
    • Rise of online grocery shopping
    • Labor shortages
    • Shipping delays
    • Increased prices
    • Sales performance challenges
    • Impact of inflation
    Learn more:
    From the alarming levels of panic buyingand the rise of online grocery shoppingto labor shortages, shipping delays, and increased prices, supermarkets have been forced to adapt to a rapidly shifting market. And for many chains, this changing landscape has brought on numerous store closures.
    www.eatthis.com/news-10-grocery-store-closures-t…
    ALDI, Whole Foods, and more have made the corporate move to discontinue operations at several locations, leaving shoppers with fewer grocery store options. As companies grapple with the looming impact of inflation, labor shortages, and sales performance continue, they also face added challenges in order to stay afloat.
    www.eatthis.com/news-grocery-stores-closed-locat…
     
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  10. Just announced: Major supermarket chain closing 94 …

    WEBNov 19, 2018 · Southeastern Grocers, the parent company of Winn-Dixie, is shutting down nearly 100 grocery stores. In a news release, the retailer announced a restructuring plan that will include the closure of 94 …

  11. Why Walmart is closing half its stores in Chicago - CNN

    WEBApr 12, 2023 · Walmart plans to close half its stores in Chicago, a reversal of the retail giant’s high-profile commitment in 2020 to expand in the city as part of its corporate racial justice initiative in the...

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