Posted on 05/03/2015 4:02:11 PM PDT by dennisw
Notable ones around here leaving empty store fronts behind: Macy’s, J.C. Penney, Sears, Radio Shack, Office Depot, Barnes & Noble, Chicos, Bass Shoes, Borders, Hallmark Stores, a LOT of restaurants. Most McDonalds also look like they have one foot in the grave as well.
The one store expanding is Ross Dress for Less, which I call the Ross Ghetto Store.
The Prepper market is going great guns. Hmmmm. I wonder what that may mean.
Yep, one here!
Eight years too late.
also worthy of note is that people are buying stuff online
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Very true. I keep the recycle container filled with shipping boxes.
Paper mfgrs should be booming.
That is the wife’s complaint makes her physically ill.
TG&Y? Toys, guns and yo-yos :)
Notice some businesses are those which cater to the wealthy. So if the wealthy are punished with higher taxes the hurt trickles down to the non-wealthy.
I shop at Target a couple of times a week.
The other day, I wanted to buy a WaterPik. Actually, I decided I’d buy two.
When I went on line to see if Target had them, I found out they did... but the web page said “item not available in stores.”
So I made the purchase on line. About $80, including sales tax. Free shipping, and I got the 5% Target card discount.
It’s hard to understand. They’re undercutting their own stores with internet sales.
Maybe I’ve been living out here in the country too long. I’ve never heard of half these stores.
Build A Bear?
Deb Shops?
Just Baked?
Wet Seal? (most seals are :)
Noticeably missing: Wal*Mart, Hobby Lobby, Lowes and Home Depot.
Too expensive, better deals online, and personally, I love consignment boutique/home furnishing, and yard sale shopping. In the last few years, I’m still amazed at the deals and the quality of items I’ve been able to purchase at far fewer prices than buying/charging at retail stores. Many Americans are catching on!
You make a good point. I don't know anyone who doesn't think there's a good chance that there could be a complete collapse of things. People are putting cash aside. They're buying what they need if they have to go a few months with nothing being available in a crisis. There doing major things around the house that need doing. A huge chunk of their income goes to technology.
Doesn't leave much cash for clothes, house furnishings, jewelry, and the other stuff these stores sell.
eCommerce. Next question.
Thanks for the cool article. Yes, Zero Hedge is cynical and lacks hope in the Lord. Number closing:
223 Barnes and Noble. I went there in the 1990’s.
70 Coco’s. Bummer. I went there once a week with family.
50 Fresh and Easy. They recently built too many too quickly.
14 Friendly’s. I hope my cousin who works there will find work.
50 Guess. Please close and get rid of lame advertising and sweat shops.
40 JC Penny. Sad.
400 Office Depot. Good. That place is repulsive.
63 Pep boys. Sad.
1,784 Radio Shack. Wow.
55 Staples. They always seem empty.
I give what extra cash to my adult children to help with the grandchildren.
Smart shoppers go to resale shops or outlet stores for much cheaper clothing and household items.
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