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TheRetail landscape in the United States faced a few difficult years. In 2020, the pandemic pushed many retailers to bankruptcy and led to an avalanche of store closings across the country. While companies have struggled to bounce back, new challenges such as record inflation made the way all except stable. Despite this, there has been clear progress overall. According to the National Retail Federation (NRF), American retailers have announcedAlmost seven times Also many store openings as closings during the first part of 2022. But store closures are still occurring, and a popular retail chain makes cuts. Read more to find out which retailer closes the stores in October.

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Despite some positive news from the NRF, more than one retailer plans to close the stores next month. In fact, many companies previously confirmed the October closings. From October 5, CVS will beClosing of several stores While he continues to achieve his retail imprint in the coming years. Then a few days later, several grocery storesstart to close The country, including a Kroger in Indiana on October 7.

Next month even ends the end of an era: the last Sears location remaining in New Yorkwill be the shutter for good October 16,Mid-Hudson News reported. And now another popular retailer adds his name to the long list of October closings.

According to various reports, Best Buy closes at leastTwo of its stores in the USAMore than 1,000 locations in total. The first confirmed closure will affect a Best Buy store located in New York, the site of new ilovetheupperwesid.com was reported on September 24. informed buyers of the imminent closure.

The other store that will be closed is located on the other side of the country. September 27,The modest bee reported that a better purchase in the county of Stanislaus, California, isHaver. According to the newspaper, the best purchase at the Crossroads shopping center in Riverbank, California, will also be permanently closed next month.

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According to two sources. But this is not the only bad news for one or the other place. When asked by ilovetheuperwestSide.com if Manhattan buyers can expect that large sales are following the upcoming closure, a Best Buy staff member of the store did not have an answer positive. "No, they will just take what remains and send it to another store," said the worker, the point of sale noting that Best Buy is currently operating five other Manhattan locations.AE0FCC31AE342FD3A1346EBB1F342FCB

Riverbank, on the other hand, loses its only best purchase location - and buyers in the region should not hold their breath for a replacement anytime soon. "We will not renew the lease on our Riverbank store and will not have a plan for other stores in the region in the near future," said Best Buy spokespersonOlivia Bruce ToldThe modest bee In a written declaration on the closure.

There was no report indicating that Best Buy could plan more closures than the two stores, but the popular electronic company has certainly had reverse. Best Buy revealed at the end of August that hisSales had dropped Almost 13% in the second quarter of the 2022 fiscal year, CNBC reported. And in a press release of August 30, the financial director of the companyMatt Bilunas warned that theyExpect comparable sales To have an even sharper decline than that in the next quarter, while buyers continue to withdraw from purchases due to inflation.

"We clearly operate in an unequal sales environment", CEO of Best BuyCori Barry said in a press release. "While we enter the year, we expected the consumer electronics industry to be softer than last year after two years of high growth caused by unusually strong demand for products and technological services And partially fed by dollars of stimulus. The macro environment with several factors and this has exerted additional pressure on our industry. "