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Author: LurkerMom   😊 😞
Number: of 48491 
Subject: Guess Who’s Closing Stores In..
Date: 02/21/2024 7:27 PM
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“Guess Who's Closing Stores in Chicago Now”

SNIP
“Without warning last week, a KFC franchisee "abruptly" shuttered three South Side locations. One outlet, located in Chatham, had been "undergoing renovations for months" when the franchise owner apparently just gave up and boarded up the windows instead. According to the same Fox 32 Chicago report, the Great KFC Vanishing came "less than one month after Cinema Chatham, a local movie theater, shut down." That closure also came without warning.

A commenter on the Fox 32 story wrote, "What's killing business on the south side of Chicago is no one feels safe anymore. I frequented both the 35th and 75th Street locations, and the food was great. But I'd never go after dark. There's a whole different feel to those streets when the sun goes down."

https://pjmedia.com/vodkapundit/2024/02/21/guess-w...

Vote democrat for more of the same.
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Author: commonone 🐝 HONORARY
SHREWD
  😊 😞

Number: of 48491 
Subject: Re: Guess Who’s Closing Stores In..
Date: 02/21/2024 8:00 PM
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LurkerMom: “Guess Who's Closing Stores in Chicago Now” ... Vote democrat for more of the same.

There were over 6,100 new business licenses issued in Chicago in 2022. I don't believe 2023 numbers have been reported yet. In any event, although it's a shame they're closing, Chicago will likely survive the loss of three KFCs.

https://worldbusinesschicago.com/app/uploads/2023/...
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Author: LurkerMom   😊 😞
Number: of 48491 
Subject: Re: Guess Who’s Closing Stores In..
Date: 02/21/2024 8:29 PM
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There were over 6,100 new business licenses issued in Chicago in 2022.

And two years later..

Walmart Announces Closure of Four Chicago Stores

https://corporate.walmart.com/news/2023/04/11/walm...

Closing Time: Chicago businesses that have shuttered in 2023

https://www.axios.com/local/chicago/2023/02/01/chi...

The real reasons stores such as Nordstrom, CVS and Starbucks are closing in big cities

https://abc7chicago.com/nordstrom-walmart-whole-fo...

Supermarket closings are the latest blow to South and West side neighborhoods

https://www.chicagobusiness.com/equity/chicago-gro...

Axios
https://www.axios.com › News

Feb 1, 2023 — From local restaurants to Michigan Avenue retailers, here are the places we've lost so far this year.

https://www.chicagostarmedia.com/realestate/t-mobi....

The list goes on..


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Author: Lapsody 🐝  😊 😞
Number: of 48491 
Subject: Re: Guess Who’s Closing Stores In..
Date: 02/21/2024 10:40 PM
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Points

*Popeyes is now the No.2 chicken chain in the U.S.

*Both Popeyes and KFC have lost market share to Chick-fil-A over the past year.

*KFC’s domestic business has struggled to keep up with the competition.

That's the story in franchises. In Japan, KFC is Xmas dinner, but they aren't Xtians.

One of the problems with inner cities is that they go through a cycle. After an area gets blighted by being poor, gangs, etc., it gets renewed. The first signs of renewal are artists coming in and taking over lofts in the defunct business area.
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Author: Lapsody 🐝  😊 😞
Number: of 48491 
Subject: Re: Guess Who’s Closing Stores In..
Date: 02/21/2024 11:01 PM
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OOps, look at Southside Chicago, LM. Full of Popeyes.
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