Posted on 10/26/2015 8:21:27 AM PDT by SeekAndFind
Malls no.
Amazon yes.
I do not see how brick and mortar retail in this country is holding up. If our shopping patterns are any indication of the trend most stores should be closed now. We buy almost everything but food and fuel online. It is just not worth the hassle to go to a store, spend time walking up and down aisles and still only come home without what you went for because it is not in stock. Instead of using what you wanted you compromise and it is never a good compromise.
Online, if you can wait a little bit, your selection is better, prices can be better even with shipping, you can always find your size and you get what you need instead of compromising.
Local taxes are a problem. We are eventually going to have to pay some local taxes on all online shopping or some kind of other local tax will have to be raised.
Years ago someone did a test to see if you could live isolated simply by using online shopping. It was easy. The forecast was that people would cocoon and live isolated. It is possible but not practical. I don’t think we can have a society where almost everything we use can be delivered. Can you imagine the number of delivery trucks running around?
The future model will be something like Sears or Montgomery Ward used to be. You order online and go to a delivery point to pick up your purchase most of the time. Instead of a mass of brick and mortar stores there could be pickup points all online merchandisers would use for a small fee. Home delivery will be an option though but at a cost. Sears or Montgomery Ward blew it.
Open air shopping centers are doing just fine.
I’m lucky. My wife hates to go to town and much prefers to shop and buy online. She only buys what she needs most of the time.
I think that's why Amazon and others are looking into delivery by drone for the smaller items. I think that has potential but probably some time away.
I believe they are going to have to come up with a better delivery model. In time it may actually be a little slower. The reason it is so good now is that it is still only a fraction of retail but it is growing a lot for people who have money to spend.
The statistic from last week, that 1/2 the people in this country make $30,000 a year OR LESS! is shocking to me. They sure don’t have any extra moeny to spend on stuff. Food, clothing, shelter and medical insurance... that’s it for them.
“Who wants to go to malls here in the US when there are better alternatives?”
The only way I will get to a mall is if I’m kidnapped and hidden there.
china aint buying consumer goods
because
it is building up its MILITARY
preparing for WAR
you know GUNS / BUTTER
On 12/15/2015, China's new "FDA" rules come into effect. All excipients used to manufacturer a drug product must meet the Chinese Pharmacopeia monographs; otherwise, they are banned.
Their monographs are not all available yet and the ones that are, are not to industry standards. This may add to their current woes...
#3 Potemkin Village Malls
#10 Here’s why one hedge fund manager thinks Alibaba could be a big fraud
http://fortune.com/2015/09/18/alibaba-faking-numbers-hedge-fund/
#45 delivery by drone
Hawks and eagles and ravens will attack them :)
“If China finds itself having to sell all the US t-bills they’re holding, in order to pay their bills, then we will be affected VERY quickly.”
Why would that be?
If they were to sell their US t=bill some other entities would buy them, not the US Govt.
Right. They might sell them at a discount to other parties, in order to unload them.
Who's then going to buy t-bills from the US govt, in order to cover our massive deficit, if China gives a better deal?
Wiemar hyper-inflation anyone?
They are beautiful! I still won’t go to a mall, though, except for Christmas on a Tuesday night. Slowest time.
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