The retail industry is looking to stage a comeback in 2024. After the whirlwind years that were 2022 and 2023, the Federal Reserve has shown confidence that customer resilience is strong, and the economy is also starting to rebound as GDP grew by an annual rate of 3.3% in the final quarter of last year - much more than expected.
On the back of this strong economy, retail companies will be looking to double down on their efforts in 2024, with the hopes of reporting even better numbers overall. But, this doesn’t mean that every retailer is prepping for gains. Some big box retailers have been teetering on the brink for a while now, and there’s a real sense that 2024 could be their last year of operation. Let’s take a quick look at some of these stores:
These10 Big Box Retailers At Risk Of Bankruptcy In 2024
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