In an analysis by 24/7 Wall St., a number of major retailers are expected to start closing more stores this year. Those are:
Best Buy – estimated closing of 200-250 stores.
Sears Holding Corp – estimated closing of 175-225 Kmart stores and 100-125 Sears stores.
J.C. Penney – estimated closing of 300-350 stores.
Office Depot – estimated closing of 125-150 stores.
Barnes & Noble – estimated closing of 190-240 stores.
GameStop – estimated closing of 500-600 stores.
OfficeMax – estimated closing of 150-175 stores.
RadioShack – estimated closing of 450-550 stores.

If their predictions are accurate, that means that between 2,090 to 2,665 stores will be closed this year from just those 8 companies. How many other chains, large and small or just single stores are also going to be closing their doors? How many thousands of people are going to lose their jobs this year because of the economy? How many other businesses that supply products to these stores will lose business and have to shut down or layoff people?

Read more: http://politicaloutcast.com/2013/02/obamas-economic-recovery-results-in-more-store-closings/#ixzz2JwsEA0CB