Grocery stores may not go bankrupt as often as other stores do. Not when they have to compete with Walmart, Target, and Whole Foods, which is owned by Amazon. Getting food may be hard. In the past few years, grocery stores have had trouble with their supply chains, a lack of workers, disruptive mergers and acquisitions, and a lot of debt. During the epidemic, some big-box stores saw huge jumps in sales, but small grocery stores had a hard time. Even when sales went up, grocery stores often had to go bankrupt, close all their stores, and lay off all their workers.

There used to be a lot of grocery stores that everyone knew. But our economy is falling to pieces. Some businesses that used to be a big part of their communities are going out of business because of too much competition, razor-thin profit margins, a shrinking retail landscape, and changing shopping habits. All businesses are having a hard time in this economy, and the more small, specialized retail chains we lose, the more we have to depend on large multinationals. This makes buyers vulnerable to price increases and gives them less to choose from.

In the next few years, thousands of grocery stores may also close. Inmar Intelligence says that 1.3% of U.S. stores have shut down so far this year. Over the next four years, the number of U.S. supermarkets could drop by another 6% as more people shop online and businesses struggle with rising costs of real estate, energy, labor, and supplies. In other words, grocery store prices will continue to go up, and this is just the start of a problem that will last for years. In today's video, we put together a list of once-thriving grocery stores that are now going out of business, closing, or barely staying open as the economy gets worse.

Source: https://allnewspipeline.com/Egg_Shortage_of_2023_Will_Be_Worse.php