U.S. Postal Service to look at closing offices
The U.S. Postal Service today is set to release a list of 3,653 post offices that could be shut down, CNNMoney reported.
These locations will be studied for possible closure, a spokesperson said. Most post offices on the chopping block have “lower foot traffic and revenue,” and the majority are in smaller communities.
In a release, the Postal Service will also outline a replacement strategy that will have local post offices partner with third-party businesses in smaller communities to create alternative options. In fiscal year 2010, the service suffered an $8.5 billion net loss.
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