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40,000 U.S. Retail Stores Could Close By 2030
40,000 U.S. Retail Stores Could Close By 2030
UBS consumer analyst Michael Lasser told clients that a further rise in e-commerce penetration, from about 22% today to as high as 27%, could force the closure of 40,000 U.S. retail stores by 2030.
The warning comes as more than 10,000 stores have closed since late 2023, and shows how the shift to e-commerce is pressuring brick-and-mortar retail footprints nationwide.
Lasser's forecast is that e-commerce penetration rates in the U.S. will top 27% by the end of the decade, up from the current 22%.
Many...
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Jul 29, 2026 / Tyler Durden
US State Department Issues Travel Advisory For Caribbean Tourist Destination
US State Department Issues Travel Advisory For Caribbean Tourist Destination
Authored by Naveen Athrappully via The Epoch Times,
The State Department updated its travel advisory for the Bahamas, highlighting the risk of crime, including sexual assaults, in the Caribbean nation.
Violent crimes, such as sexual assaults, armed robberies, and burglaries, can occur anywhere in the country, the department said in a July 28 update.
“Most crime occurs in Nassau and Freeport on New Providence and Grand Bahama islands. Stay alert in the ‘Over the Hill’ area in Nassau, south of Shirley Street, where...
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Jul 5, 2026 / Kyle Anzalone
Netanyahu Pushing for In-Person Meeting with Trump
Israeli Prime Minister Benjamin Netanyahu is hoping to meet with President Donald Trump this week to discuss the war against Iran and other issues. According to Ynet, Netyahu and Trump will likely meet for the eighth time in the past 18 months this week or next. One of the Prime Minister’s top goals will be […]
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Apr 3, 2026 / Tyler Durden
FBI Issues Public Alert On Americans Using Foreign Apps
FBI Issues Public Alert On Americans Using Foreign Apps
Authored by Naveen Athrappully via The Epoch Times (emphasis ours),
The FBI identified data security risks from foreign-developed mobile apps used in the United States, the agency warned in a March 31 public service announcement.
In this photo illustration, a hacker types on a computer keyboard on May 13, 2025. Oleksii Pydsosonnii/The Epoch Times
“As of early 2026, many of the most downloaded and top-grossing apps in the United States are developed and maintained by foreign companies, particularly those based in China,” the FBI...
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