Crisis Alert: Closed Stores and Restaurants Impact Retail Sales, Prompt Concerns of Stock Market Recession – Shopping Vlog Update

by | Aug 21, 2023 | Recession News | 34 comments

Crisis Alert: Closed Stores and Restaurants Impact Retail Sales, Prompt Concerns of Stock Market Recession – Shopping Vlog Update




#SHOPPING #STOCKMARKET #ECONOMY #INFLATION #INFLATIONNEWS #MARKETCRASH #RESTAURANTS
EMPTY MALLS WITH NO SHOPPERS!!
CLOSED STORES & RESTAURANTS ARE HERE!!! RETAIL SALES CRISIS!! RECESSION IN STOCK MARKET NEXT!!!
THE RICH STOPPED SPENDING MONEY!!! AMERICA IN DECLINE! MIDDLE CLASS WORKERS GOING BROKE!!!
THIS IS UNAFFORDABLE & EXPENSIVE!!
WHERE ARE THE SHOPPERS? ONLINE RETAIL SHOPPING GIANT CRUSHING SMALL RETAIL & BUSINESS IN AMERICA!!! THE FUTURE OF SHOPPING!!!
The Real Economy Shopping & Food Vlog Our Economy in SERIOUS FINANCIAL TROUBLE!!!
No Shoppers at Florida Malls are common in this Hyperinflation Economy!!!
NO PEOPLE SPENDING MONEY, EATING OUT, OR SHOPPING!!! INFLATION News Flash!!!
PEOPLE & CONSUMERS STRUGGLING TO PAY BILLS AND FEED THEMSELVES!!!
ECONOMY IN BIG TROUBLE!!! PREPARE YOURSELF!!! STOCK UP ON FOOD!!! SUPERMARKET PRICES RISING DAILY!!! Amazing Grocery Inflation Costs & Prices Rising!!! Fight Inflation & Rising Food Prices! You Have to shop around for bargains on a Budget!
This Channel is about the Cost of Everything we Buy. Food, Bread, Milk, Eggs, Steak, Vegetables, gas, and the Prices of everyday products, we as consumers must eat, use, and have to survive.
Even Pet food. We Love our Pets & Prices are SOARING!

Hyperinflation and Soaring Food prices are eating holes in our wallets, bank accounts and budgets.
This channel will show you which foods are bargains and which foods are super expensive.

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Thanks For Watching! Happy Shopping!
Scott

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Title: Closed Stores & Restaurants: Retail Sales Crisis signifies approaching Recession in Stock Market

Introduction

The retail industry is currently facing turbulent times, with numerous stores and restaurants closing down due to a significant drop in sales. This alarming trend indicates an impending recession in the stock market. Today, we will discuss the reasons behind the closure of these establishments and shed light on the implications for the economy.

Retail Sales Crisis and Its Causes

The recent closure of stores and restaurants signifies a major shift in consumer behavior, heavily influenced by the ongoing global pandemic. With strict lockdown measures and social distancing protocols in place, foot traffic in retail spaces has drastically reduced. The fear of contracting the virus has pushed consumers towards e-commerce, leading to a significant decline in traditional brick-and-mortar store sales.

Additionally, rising unemployment rates and uncertainty regarding job security have forced individuals to scale back on non-essential purchases. As a result, the decline in consumer spending has hit the retail sector hard, leaving many businesses struggling to stay afloat.

Closed Stores and Restaurants

Throughout the country, storefronts that were once bustling with shoppers are now boarded up, leaving behind a trail of uncertainty and economic distress. Some well-known retail giants have filed for bankruptcy and announced permanent closures, unable to sustain their businesses amidst the current market conditions.

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The hospitality industry, particularly restaurants, has also borne a heavy brunt. The combination of limited capacity due to social distancing measures, customers remaining cautious about dining out, and reduced tourism has severely impacted the viability of many establishments. Unfortunately, this situation has contributed to numerous restaurant closures and a considerable loss of jobs in the sector.

Implications for the Economy

The closure of stores and restaurants not only affects business owners but also has far-reaching consequences for the overall economy. Unemployment levels soar as workers in the retail and hospitality industries find themselves without a job. This decrease in disposable income further amplifies the declining consumer demand seen across the retail sector.

Moreover, closed businesses result in a cascading effect, impacting suppliers, manufacturers, and various other industries interconnected with the retail sector. Ultimately, the retail sales crisis could lead to an economic recession, affecting the stock market and investors worldwide.

Retailers Adapt and Innovate

Despite the prevailing challenges, some retailers have managed to adapt and innovate, keeping their doors open amid this crisis. Many have transitioned to online platforms, expanding their e-commerce presence to reach consumers where they are most comfortable.

Furthermore, several establishments have diversified their offerings, implementing curbside pickup, contactless transactions, and delivery options. These adaptations, along with rigorous safety measures, have helped some businesses survive the storm.

Conclusion

The closure of numerous stores and restaurants due to the retail sales crisis epitomizes the daunting times faced by the retail sector. The impact of these closures extends beyond job losses, potentially leading to an economic recession and affecting the stock market in the near future. However, as retailers display resilience and adapt to changing circumstances, there remains hope for recovery. The road ahead may be challenging, but with perseverance and innovative strategies, the retail industry can emerge stronger from this crisis.

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34 Comments

  1. MeMeme

    covid shutdown has a lot to do with this

  2. Retretta Retretta

    Hi Scott. Beautiful ❤️❤️❤️ anyway
    I like Florida

  3. Hugo Ramirez

    Now I understand why McDonalds drive through lines are getting longer.

  4. Red Redred

    Florida is racist.

  5. Carla Quattlebaum

    "The Echo of America's Economy" How appropriate, especially for that place. Man, all that nice landscaping, all those beautiful shops and so few there to enjoy it. How long can a place like that survive with so little foot traffic?

  6. MikeTheYungGod

    81M votes in 29 counties voted for Biden. Do the math.

  7. Whitney L

    At first I thought 1145am, yeah we are all at work so we can afford groceries! Then when you said Saturday….. weird!!!! Too expensive I guess.

  8. Monika Wheeler

    Maybe a hurricane will wipe them out.

  9. Future Eyes Only

    Even the rich know what is too expensive.

  10. S D

    At those prices i wouldn’t be there either

  11. State of Survival

    Would be really nice if you could ask the people that work there what's going on. It could be that everyone is watching a POLO event or something. All you're doing is saying the same thing over and over and over again "look no one is here"

  12. Lightofthemoon Ahweheyu

    Florida also has an epic property insurance sandal unfolding over the past 6+ month's. Besides a doubling of premiums for property owners big insurance firms are either going belly up, or pulling out of Florida entirely ~

  13. Connie Miller

    I don't understand how the stores and restaurants survive with nobody paternizing them.

  14. Cheryll Carter

    No one can afford to eat out anymore with inflation the way it is
    I went to Subway the other day and it was $ 12 for a Sub….Ridiculous
    I cook at home and buy everything on Sale now days
    It looks like even the people who own multi million $$$$ homes don't want to eat out either or go shopping in malls

  15. Novi zivot

    Peope prepaire meal at home.

  16. Maria Jose Costa

    $28 for crab cakes … ouch that hurts any pocket … great video as always … keep up the great work

  17. L R

    Your wife is very pretty. Is she camera shy

  18. Michele Pastele

    the reason? no mon hun.
    Mrs. Scott looks beautiful and happy as usual. She adds sp much to your videos!
    Unreal how empty these places are huh? At least this gives you and 'the locals plenty of elbow room.
    I really enjoy seeing these sites- I've heard about how exclusive Naples is so this is fun stuff to see – Thanks guys.

  19. Craft Eccentricity

    When they have no customers, you have to wonder how old the food is that they are serving to anyone who does eat there.

  20. A Kayfabe

    wow $59 dollars for a sandwich.
    I can cook fish at home and make my own just as good I went to culinary school lol

  21. EveryDay Tech

    I been to Florida a few times and hated it each and every time. Crazy hot abd sticky, huge bugs everywhere and no one speaks English. You can keep your sweat state from hell.

  22. matt francis

    UK HERE, thanks for another great update my friend. keep smiling

  23. Maddie Vids

    Looks more like a ghost town lol

  24. Glensroom

    THANKS YOU FOR YOUR INTERESTING VIDEOS

  25. Raymond Lin

    60$???
    , i can get a pizza pie, box wine, and gas . Why need to go out?

  26. steve herr

    We live in S.E. Wi. and we decided to go for lunch a few days ago so we went to the truck stop. Behind the truck stop is a mall and we went there too. Very few customers were there even though every store had a business in it except one and that was where the bed bath and beyond was before they went bellyup.

  27. Mystic Seer

    Who can afford those prices on the menu…

  28. Pallasathena 1969

    Hot, humid, expensive… I feel sorry for those living off tips. Kinda sad. It IS pretty

  29. Raymond Lin

    Cost too much. Appetizer, entree, drinks, dessert, tip.

    59$ a sandwich? Of course no people.

    Tolls, traffic, gas, schedule,

  30. Allison Smith

    Would you do a video showing the clothing available at a Naples Goodwill? I was just curious what you could find donated in such a rich area. Thanks for the fun videos!

  31. jhfit

    Did you check to see if the stores are even open? They have money, believe me

  32. Frank Gianino

    The economy is getting worse

  33. Karen Snyder

    People eating more at home and cheaper places even the richer people

  34. Looking at the Markets

    Scott is so tough, he eats broken glass as a snack like it's potato chips

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