Store closures surge in 2024

The video discusses the increase in store closures across the US, with data showing a 69% rise compared to the previous year. Major stores like Family Dollar, CVS, and Big Lots are among those closing. The closures are attributed to economic pressures and changing consumer behavior.

What trend is observed in the US regarding store closures this year?

• Store openings are outpacing closures.

• There is no significant change in store closures.

• Store closures have decreased compared to last year.

• Store closures are outpacing openings.

How much have store closures increased compared to last year?

• 69%

• 50%

• 100%

• 30%

Which of the following stores is NOT mentioned as closing this year?

• Family Dollar

• Big Lots

• CVS

• Walmart

What is one of the reasons for the increase in store closures?

• Increased consumer spending

• Economic pressures

• More store openings

• Stable economic conditions

What factor is contributing to the change in shopper behavior?

• Increased store promotions

• Changing shopper behavior

• Economic stability

• Decreased online shopping