Frager Factor

Wednesday, February 20, 2013

The End of An Age of Brick and Mortar?


Just check out some of these store closing numbers for 2013. These numbers are from a recent Yahoo Finance article...










Best Buy
Forecast store closings: 200 to 250

Sears Holding Corp.
Forecast store closings: Kmart 175 to 225, Sears 100 to 125

J.C. Penney
Forecast store closings: 300 to 350

Office Depot
Forecast store closings: 125 to 150

Barnes & Noble
Forecast store closings: 190 to 240, per company comments

Gamestop
Forecast store closings: 500 to 600

OfficeMax
Forecast store closings: 150 to 175

RadioShack
Forecast store closings: 450 to 550

Even Wal-Mart is running into problems. A recent internal Wal-Mart memo that was leaked to Bloomberg described February sales as a "total disaster".  

Can't say I'll miss them. Can't tell you the last time I went to any store on this list. Guess that's the reason...


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About The Author: Owen Frager is an Internet marketing expert ready to help take your company to the next level.

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