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Massive Trump merchandise store goes out of business - because nobody is buying anything
Yahoo • • business
Key Points:
- A large Trump merchandise store near Knoxville, Tennessee, is closing due to a lack of customers, with remaining inventory being sold at a 50% discount.
- Owner William "Bill" Hays denied reports that he was retiring or relocating, attributing the closure solely to declining business.
- The store once saw high traffic during major events involving Trump, such as the assassination attempt in July 2024, but shopper numbers have dwindled recently.
- An employee cited Trump's waning popularity and economic struggles, including tariffs and high gas prices, as reasons for reduced customer spending.
- Despite this physical store closure, Trump's overall merchandise business remains lucrative, with his online store generating $8 million in 2024 and a significant expansion of product offerings during his second term.
