US Retailers Are in Big Troubles

(4/8/2017) The brick and mortar retailers in the US are in big troubles. When the US economy remains strong, the number of retailer bankruptcy reaches post-recession (2008) high. As online retailers (or those traditional retailers with good online stores) gains more market share, traditional retailers have to figure out their survival strategies. One thing is for sure, those low-pay retail clerk, salesperson jobs will shrink!

Next industry to watch: restaurants in the US may scale back due to overexpansion

Source: http://www.zerohedge.com/news/2017-04-03/2017-retail-bankruptcies-soar-great-recession-highs (4/8/2017)