Bidenomics Devastation: 5,500 Store Closures In 2023

President Joe Biden stands with his money as he waits for his ice cream cone at a Baskin-Robbins in Portland, Ore., Saturday, Oct. 15, 2022. (AP Photo/Carolyn Kaster)

What does economic growth look like? New jobs, businesses expanding, growth of the middle class?

For the Democratic Party, economic growth is apparently the mass closure of retail stores throughout the country.

Nearly 5,500 stores closed throughout 2023, a massive 30 percent increase from 2022 and the highest levels since the pandemic, the U.K. Daily Mail reported Friday.

Retailers Bed Bath & Beyond and Walgreens had the most closures, with 866 and 505, respectively, according to the Daily Mail.

Other major businesses such as Rite Aid, CVS and 7-Eleven also shuttered large numbers of locations, all largely pointing to the same reasons.

One major reason for mass closures is bankruptcy, something that Bed Bath & BeyondRite Aid and Tuesday Morning all declared during 2023.

Read the full story here.