In looking over the list of 2024 store closures (link below) the largest number per state is California with 33 closures so far. In light of the marxist pro-crime leadership there I don't expect this to change much in the short term for Cali. As far as the overall/general economy goes, however, I expect that to pick up quite a bit after January and become robust.
Still, as I mentioned in another comment, some retail CEOs choose to pop a store on every corner (figuratively speaking) in early stages then whittle away those that aren't performing as well. I'm diving into this firm briefly, but from what I'm reading online - in light of this post article inre further closures - it appears the CEO may be looking to shift direction a bit even with a healing economy. I'm not sure what the implications of this are or will be, but it's worth keeping an eye on if you invest in this firm, imho.
Good points, both issues.
In looking over the list of 2024 store closures (link below) the largest number per state is California with 33 closures so far. In light of the marxist pro-crime leadership there I don't expect this to change much in the short term for Cali. As far as the overall/general economy goes, however, I expect that to pick up quite a bit after January and become robust.
Still, as I mentioned in another comment, some retail CEOs choose to pop a store on every corner (figuratively speaking) in early stages then whittle away those that aren't performing as well. I'm diving into this firm briefly, but from what I'm reading online - in light of this post article inre further closures - it appears the CEO may be looking to shift direction a bit even with a healing economy. I'm not sure what the implications of this are or will be, but it's worth keeping an eye on if you invest in this firm, imho.
.
https://gsclosing.blogspot.com/2024/01/all-2024-closings-ytd-11.html
Note: I randomly checked about 15 of these stores and they're closed, as stated.