Posted on 05/29/2017 4:14:30 PM PDT by 2ndDivisionVet
Retail trade is one of the biggest job sectors in America, and the vast majority of those workers still clock in at brick-and-mortar stores. But the big growth is coming from e-commerce, which happens to pay a lot better, too.
This is a promising development for retail workers who worry about thousands of store closings and the march of automation. E-commerce also offers a potential antidote to years of low productivity growth and income stagnation.
“If this new pattern continues, it will raise real wages across the economy and rejuvenate the middle class,” said a report by economist Michael Mandel of the Progressive Policy Institute in Washington....
(Excerpt) Read more at dallasnews.com ...
“The Times, The Are A’Changin’”
Get bizzy or get buried. ;)
I worked in RETAIL HELL for longer than I care to mention. If you HAVE a B&M store, you had BETTER have everydamnthing you offer on your website, available at your store 24/7, too.
It’s a ridiculously easy way to lose money. Been there, witnessed it first hand.
Neighbor next door is using it and loves it
three boys. 12 .. 14.. 16
said saves me time and money
IF she has any of her kids with her she spends a lot more
I talked to the girl in Wal M art filling orders
She even orders online...
saves time and money and sometimes she gets paid to fill her own order
She expects Wal Mart to start delivery soon as more people use pickup
Great for older people who have a hard time getting around
Just to clarify: I would tell my Warehouse that customers are here WITH CASH IN HAND at my store to buy, Item X as advertised on-line and in the catalog.
They’d tell me that ‘Catalog (On-Line) Customers’ came FIRST, and I wouldn’t be getting any more of Item X for my store this season.
Gaaa! What a way to lose/turn customers, WITH CASH IN HAND, away from you and your ‘brand’ (which was over 105 years old!!)
Still don’t quite understand it. That’s NOT what I learnt in Bidness Skool, LOL!
Retired two years ago. I’m slowly regaining my SANITY! ;)
We have that service in our little Cow Town of 4,000 souls. The Seniors adore it, and there is not a time that I’m stopping by that someone isn’t there to pick up an order and be on their way...SMILING!
Having raised three boys, I can see your friends point about saving dollars when the kids ARE NOT with you!
(I NEVER took them grocery shopping with me. EVER.)
Lately when I go to a brick and more I walk out empty handed because they don’t have what I want. Either they don’t carry it or it is out of stock. Wanted a battery for my Android. Verizon didn’t have it, sent me to Best Buy, they didn’t have it. They didn’t just miss out on the battery. I also wanted extra memory and a car charger. Went home. Got online. DONE! See ya ya stupid slobs. Utter waste of gas and time.
Another piece lauding consumerism. What is the tipping point where we have more consumers than producers?
Online shopping will be a lifesaver after an emp attack or X class flare direct hit.
Transportation will be dead. None of the robots and chip readers used by the e-commerce warehouses will work.
No power, leading to collapse of civilization as we know it. But there are ways to survive. See One Second After.
These doomsday scenarios are never as bad as they are made out to be. Hey, we survived 8 years of Obama.
B&M are going the way of the Dodo Bird. Don’t know what will happen to all the retail space but somebody better think of something quick.
Love Walmart in-store pickup. UPS dumps packages on front porch for all the thieves to see.
I forgot to add a sarcasm off to my reply. When the shtf comes the tech dependents will be the first to go.
Not necessarily. It will be bad, but some things will survive. Items plugged in and turned on may suffer failure. If you have surge protectors and UPS gadgets between the grid any your devices, they may survive. An EMP is going to directly hit the electrical grid and travel along it, knocking out transformers along the way. The surge may or may not reach your home to do further damage. Devices not plugged in will fare better. Other devices may survive depending on being insulated by car bodies etc. Best thing to do is to place your devices (or backups of your devices) into a homemade Faraday Cage (you can construct one from a metal garbage can and lid). However, the grid may be down for months and possibly years, so good luck with using your devices.
Exactly. By my estimate, the tipping point was about the time of Clinton, but Y2K staved off disaster with a faux economic boost.
9/11 pushed it off a bit farther with deficit spending and then came QE.
To answer your question, perhaps the tipping point is when there are more young people trying to figure out what happened when they can’t afford to buy a house w/o roommates than retired people who seem to care only about that which disturbs their comfort zone; sad but true.
We are tipping right now...have been for almost 2 decades...biding time until the hammer falls...likely wrapped up neatly within another crisis to mask the real cause from the ignorant among us.
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