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Store Closings Surge To Highest Level Since Pandemic: Why 2025 Could Be Worse Store Closings Surge To Highest Level Since Pandemic: Why 2025 Could Be Worse
Store Closings Surge To Highest Level Since Pandemic: Why 2025 Could Be Worse Retail store closures surged in 2024, reaching their highest levels since the start of the pandemic, a new study said. A total of 7,325 U.S. stores closed in 2024, driven by inflation and an increasing shift toward online shopping, according to retail data firm Coresight Research. The closings marked the steepest decline in brick-and-mortar retail since nearly 10,000 stores closed in 2020. While 5,970 stores opened—the highest yearly number since 2012—closures outpaced openings by a net loss of 1,355 stores.  "Retailers that were unable to adapt supply chains and implement t…

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by Chris Spiker
Lifestyle
New Survey Reveals Gen Z’s Favorite Restaurant New Survey Reveals Gen Z’s Favorite Restaurant
New Survey Reveals Gen Z’s Favorite Restaurant When it comes to satisfying those hunger pangs, it turns out nothing does it for Zoomers quite like the delectably irresistible taste of America’s favorite chicken shack. A new survey by investment firm Piper Sandler found that Generation Z’s favorite restaurant is Chick-fil-A. Of those polled, 18 percent picked the Atlanta-based chicken chain as their favorite place to eat, followed by Starbucks (17 percent) and Chipotle (13 percent). The restaurant category was just one of several that was gauged as part of Piper Sandler’s 44th semi-annual “Taking Stock With Teens” survey, which includ…

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by Michael Mashburn