Nov 27, 2022
Stores Closing Due to the Pandemic and Joe Biden By Mark Schwendau The Covid-19 pandemic and Joe Biden's failed leadership have offered many American retail businesses a one-two knockout punch. While many of these businesses will continue to do business with less brick and mortar locations, some plan to rely more heavily on online sales. The main point to be made in this news story is the amount of these store closures really is unprecedented. While some may argue that this has been brewing for a long time, the fact of the matter is these closures are going to result in the loss of tens of thousands of jobs and, as always, the buck stops in the Oval Office. Amazon (department stores) (66 stores) American Eagle Outfitters (clothing stores) 250 stores AT&T (telecommunications stores) 250 stores Banana Republic and GAP (clothing stores) 220 stores Bath and Body Works (department stores) 50 stores Bed Bath and Beyond (department store) 350 stores Best Buy (electronics store) 60 stores