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Retail Store Closures Soar In 2014: At Highest Pace Since Lehman Collapse
Zero Hedge ^ | 04/21/2014 | Tyler Durden

Posted on 04/21/2014 2:52:51 PM PDT by SeekAndFind

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To: Gay State Conservative

Legacy Place is in Dedham, on the site of the old Dedham Cinema.

It is owned buy The Patriot Place people.

I shopped at Chestnut Hill for years and the last time I was there it was like a ghost town. Losing Filene’s seemed to have a huge impact.

.


21 posted on 04/21/2014 3:36:48 PM PDT by Mears
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To: SeekAndFind

Less competition leads to higher prices.


22 posted on 04/21/2014 4:42:10 PM PDT by PoloSec ( Believe the Gospel: how that Christ died for our sins, was buried and rose again)
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To: Fledermaus

Yup


23 posted on 04/21/2014 4:44:57 PM PDT by GeronL (Vote for Conservatives not for Republicans!)
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To: PoloSec

And higher prices lead to more competition...


24 posted on 04/21/2014 5:19:20 PM PDT by fhayek
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To: NEMDF

Wasn’t it Nancy Pelosi who said something about unemployment compensation bolstering the economy?


25 posted on 04/21/2014 6:58:37 PM PDT by Bon of Babble (The dogs bark; the caravan moves on!)
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To: Gay State Conservative

It’s even worse in California. Businesses are closing right and left.

There are MANY such empty stores in my upscale community - the local blockbuster just closed its doors across from a large Conway’s flowers building that’s sat empty for years.

I visited a friend near the coast and entire blocks were filled with empty stores. We ate at a restaurant that was on the outside of a large, entirely closed mall.

No one is moving into these buildings — and, as this is California, with a very hostile business climate, there won’t be any businesses moving in.


26 posted on 04/21/2014 7:01:27 PM PDT by Bon of Babble (The dogs bark; the caravan moves on!)
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To: fhayek

And gov’t regulation continues to stifle competition, the cycle will continue until global corporations have equal control with the gov’t, which IMO is the goal, two powerful entities battling for total control until the two morph into one.

Kind of like science fiction morphs into reality, right in-front of our eyes.


27 posted on 04/21/2014 7:57:49 PM PDT by PoloSec ( Believe the Gospel: how that Christ died for our sins, was buried and rose again)
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To: PoloSec

until global corporations have equal control with the gov’t,....

the two morph into one...like science fiction morphs into reality....


I believe that has already happened.


28 posted on 04/21/2014 8:36:54 PM PDT by reformedliberal
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