I have been reading some articles on the web that certain stores are shutting down in the United States. With the on going recession, many stores tend to close down to cut down expense or even just to have breakeven with their markups.
It is sad that these things are happening now, but since there is a new president seated at the White House, I hope everything would fall back into place. There are numerous plans that President Obama is trying to implement, like the bonds that he would want to allocate to the stimulus fund.
Just a reminder, shops are closing, it means to show that there would be an increase number of unemployment. So better stick to your job and try to love it. It is quite hard to find a decent job nowadays, not only in America but most parts of the world.
Here are some of the stores that eventually would put some stores down
- Eddie Bauer
- Ann Taylor
- Starbucks
- Lane Bryant
- Timberland
- Zales
