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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,… Continue reading 40,000 U.S. Retail Stores Could Close By 2030

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,… Continue reading 40,000 U.S. Retail Stores Could Close By 2030

Iran Already Scrambling For Oil Storage After Two Weeks Of US Blockade

Iran Already Scrambling For Oil Storage After Two Weeks Of US Blockade Trump’s blockade is having a predictable effect on Iran’s economy and oil industry, with reports that the regime is scrambling to repurpose old and rusty tankers as floating storage.  Kharg Island is hitting capacity and the results could lead to disaster for Iran’s… Continue reading Iran Already Scrambling For Oil Storage After Two Weeks Of US Blockade

Iran Already Scrambling For Oil Storage After Two Weeks Of US Blockade

Iran Already Scrambling For Oil Storage After Two Weeks Of US Blockade Trump’s blockade is having a predictable effect on Iran’s economy and oil industry, with reports that the regime is scrambling to repurpose old and rusty tankers as floating storage.  Kharg Island is hitting capacity and the results could lead to disaster for Iran’s… Continue reading Iran Already Scrambling For Oil Storage After Two Weeks Of US Blockade

Iran Already Scrambling For Oil Storage After Two Weeks Of US Blockade

Iran Already Scrambling For Oil Storage After Two Weeks Of US Blockade Trump’s blockade is having a predictable effect on Iran’s economy and oil industry, with reports that the regime is scrambling to repurpose old and rusty tankers as floating storage.  Kharg Island is hitting capacity and the results could lead to disaster for Iran’s… Continue reading Iran Already Scrambling For Oil Storage After Two Weeks Of US Blockade