Article

2017-03-22 Economy

13 Large Retailers Besides J.C. Penney Are Closing Waves of Stores (Video)

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Posted by Besoeker 2017-03-22 00:00|| || Front Page|| [3 views ] Top

#1 I read a month or so ago the retail sector was not doing well. The Unaffordable Care Act resulted in creating a lot of low-paying jobs without benefits. The real unemployment rate is far greater than what is reported if on considers the labor participation rate and those who have dropped out of the workforce during the past 8 years. People are struggling and money is tight.

Posted by JohnQC 2017-03-22 09:15|| 2017-03-22 09:15|| Front Page Top

#2 Here are several other retailers continuing to rightsize their store fleet amid the shift to digital shopping or other external pressures.

"Other external pressures"... unreported urban shrinkage accepted as a cost of doing business and factored into pricing certainly gives on-line shopping a distinct pricing advantage. Not to mention patron store and parking assault and robbery.

Visit a mall or city store anywhere in greater Atlanta? Sorry, not a fok'n chance.

Posted by Besoeker 2017-03-22 09:47|| 2017-03-22 09:47|| Front Page Top

#3 Who can compete with free 2 day shipping on taxfree items delivered right to your door? Even on Easter Sunday morning! Or 2 hour delivery in select cities? Bezos has destroyed retail.

Posted by Whavish Thusoling5684 2017-03-22 10:17|| 2017-03-22 10:17|| Front Page Top

#4 Bought a hay spike last Thursday on line. Weighs 108 pounds. Free delivery. Got it yesterday.

Posted by Deacon Blues 2017-03-22 11:27|| 2017-03-22 11:27|| Front Page Top

#5 Come on Besoker we can both head to South Dekalb Mall, it'll be fun

Posted by Beavis 2017-03-22 11:34|| 2017-03-22 11:34|| Front Page Top

#6 It's amazon.

Posted by g(r)omgoru 2017-03-22 14:20|| 2017-03-22 14:20|| Front Page Top

#7 It's Amazon, WalMart, Big Box or die. Sears is seriously circling the drain, having sold off key assets such as Craftsman and sooner or later, Kenmore.

Posted by regular joe 2017-03-22 14:28|| 2017-03-22 14:28|| Front Page Top

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