Prediction — Big Name Businesses Could be Gone by Year’s End

Consumer purchasing habits have changed radically in the last decade or so. Amazon and online ordering from other companies are putting pressure on big box stores. Some of them might not survive through the end of this year.

Here are some that are facing serious financial challenges this year; challenges that must be overcome or they will go out of business.

Walgreens

Walgreens was purchased for $10 billion last August by Sycamore Partners even though it has a net loss of $8.6 billion in 2024. Things aren’t looking much better in 2026. The company is planning to close dozens of locations this year.

Problems with reimbursement and theft are leading the company’s issues.

7-Eleven

We used to see a 7-Elevens everywhere. Sometimes it seemed like they were on just about every corner in town. A decline in foot traffic, issues with franchisees and revenue declines had the company closing hundreds of locations in the last couple of years. Inflation worries are cutting consumers poopooing in for a Slurpee, a pack of smokes or some lottery tickets.

Target

Target has seen a bunch of quarters lately with lagging sales. Making things worse is inflation cutting into discretionary spending. Profits have been impacted by issues with inventory, competition from Walmart and other companies.

Management is looking at new pricing models and better ways to do merchandising.

Foot Locker

Every mall has one. But malls aren’t as popular these days as they once were. So sales have dropped and losses are rising. The company was bought by Dick’s Sporting Goods in September. It hasn’t helped as declining mall traffic has caused management to close many stores.

GameStop

Another huge mall store is GameStop. Unlike most others on this list, it had a net profit in 2025 of $4.184 billion. That’s way up from the $1.313 billion in 2024. The big issue — however — is declining sales since annual revenue was $3.63 billion. That’s down from $3.82 billion.

Revenue declining is a concern.

Procter & Gamble

Proctor and Gamble practically invented the term, “consumer goods.” Falling sales has the company honchos reducing the workforce by 7,000. The company is restructuring.

Source link: FinanceBuzz — https://bit.ly/4wI6Spg