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Eight Retailers That Will Close the Most Stores
Yahoo News ^ | 2/1/2013 | Douglas A. McIntyre/Various

Posted on 02/02/2013 7:00:46 AM PST by DemforBush

-Snip-

And while successful retailers in 2012 may add stores this year, those that have performed very poorly may have to cut locations during 2013 to improve margins or reverse losses.

For many retailers, the sales situation is so bad that it is not a question of whether they will cut stores, but when and how many.

-Snip-

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy
KEYWORDS: bhoeconomy; economy; officemax; radioshack; retail; retailers; sears; top10
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To: duckworth

Ha! So very true. Some years back, I saw a comedian who used to bring that up in his routine. Something like “I just came in for some flashlight batteries - why do you want my phone number?”


21 posted on 02/02/2013 7:42:04 AM PST by DemforBush (You might very well think that. I could not *possibly* comment.)
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To: DemforBush

Hey, I just got a job at Best Buy. I’m going to live the high life now.

Say, what?!?


22 posted on 02/02/2013 7:43:14 AM PST by Jonty30 (What Islam and secularism have in common is that they are both death cults.)
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To: duckworth

well electronics right now is so complicated. I went in to Radio Shack for earphones for new smart TV. They quickly sold me a pair for $100. I got it home and couldn’t hook up the charger to the “audio out” because the “audio out” was “optical/digital” and the earphones were “analog”.

Took them back and they wanted to sell me $50 more of adapters and cords and I was too upset and just said, “here, take them back” which they did.

Further research on this issue indicates I am not the only one who can’t find a set of earphones to hook up to the silly “smart” TV.


23 posted on 02/02/2013 7:43:31 AM PST by yldstrk (My heroes have always been cowboys)
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To: DemforBush
And while successful retailers in 2012 may add stores this year,

Why is that in the article about bad economic news?

24 posted on 02/02/2013 7:43:47 AM PST by Jeff Chandler (WHAT DIFFERENCE DOES IT MAKE?)
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To: mnehring
"selling the same crap they do in K-Mart"

My experience with Sears is different. I like Sears it's my first stop when doing a major purchase.

25 posted on 02/02/2013 7:44:35 AM PST by jpsb
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To: kearnyirish2
A friend of mine was a project manager on that Xanadu job. Lots of problems from the start. Watch out for "lightning strikes" or "Swamp Gas damage".

Anything can happen in Jersey!

I remember years ago nothing was in between Lyndhurst and Secaucus but the Route 3 drive in and the WMCA antenna.

26 posted on 02/02/2013 7:45:07 AM PST by jaz.357 (Welcome to hell. Here's your accordion.)
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To: mnehring

I bought a Kenmore Elite stand mixer for $179 at Christmas, got it home and a screw fell out immediately. And was stripped so I couldn’t screw it back in. So took the dumb thing back and got a KitchenAid which I guess I should have done to begin with.

Didn’t compensate me for my time and frustration though.


27 posted on 02/02/2013 7:45:30 AM PST by yldstrk (My heroes have always been cowboys)
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To: Albion Wilde

I was a big fan of B and N’s main competitor (Borders). I used to love to dig through the bargain bin and walk away with two sacks full of books for less than $50.


28 posted on 02/02/2013 7:45:43 AM PST by DemforBush (You might very well think that. I could not *possibly* comment.)
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To: duckworth

The only times I’ve ever had to go into a Radio Shack in the past 15 years, I WISH they would have done that...everything I needed was behind the counter or in a display case; cordless phone batteries, universal plug and tip when a wallwart shattered, etc. Everything else is so overpriced it’s cheaper to get it at Walmart or the dollar store, and usually works just as well.


29 posted on 02/02/2013 7:47:48 AM PST by Fire_on_High (RIP City of Heroes and Paragon Studios, victim of the Obamaconomy.)
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To: Jeff Chandler

They probably threw it in as a journalistic sop to Obama. After all, he’s the man who saved us all, yadda yadda.


30 posted on 02/02/2013 7:48:17 AM PST by DemforBush (You might very well think that. I could not *possibly* comment.)
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To: kearnyirish2

http://www.nytimes.com/2011/04/29/nyregion/deal-reached-to-expand-xanadu-mall-project-in-nj.html?pagewanted=all&_r=0


31 posted on 02/02/2013 7:49:46 AM PST by muawiyah
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To: DemforBush

32 posted on 02/02/2013 7:50:13 AM PST by JoeProBono (A closed mouth gathers no feet - Mater tua caligas exercitus gerit ;-{)
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To: Fire_on_High

The last time I went to Radio Shack was to get small fuse for my garage door opener. The clerk pointed me toward a stand with about 30 drawers and said “I know there’s one in there if you can find it.” I found it.

But I don’t understand how they can stay in business selling fuses. I’ll bet the cost of paper receipts on most of their purchases cost more than the item being purchased.


33 posted on 02/02/2013 7:52:03 AM PST by Terry Mross (Who long before America is no more?)
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To: DemforBush
7. Office Max

When in a few months ago. Saw that they were pushing something that they called "Born this way".

Thought about it and decided I would go to Staples instead.

Yes, it might not have been what I thought it was but just the name was enough to turn me off.

34 posted on 02/02/2013 7:59:07 AM PST by Harmless Teddy Bear (Promotional Fee Paid for by "Ouchies" The Sharp, Prickly Toy You Bathe With!)
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To: DemforBush

Thanks to the economic situation coupled with the recent graduation of low end H.S. students that know nothing of value and character is going to sink other clothing and food retailer chains as well...

Of course there are adults that are employees there - supervisors and others - but the core work force out young undereducated to past standard graduates that think more about tweeting than they do about churning out a competitive product...this is society as it grows from what was a minority 30 yrs ago - to what it has become today as a direct product of our educational, entertainment, and lack values throughout society in the US....


35 posted on 02/02/2013 8:01:01 AM PST by BCW (http://babylonscovertwar.com/index.html)
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To: vladimir998

Problem w/Radio Shack. If only 1 guy on floor and tied up.setting up new cell. phone everyone else.out of luck


36 posted on 02/02/2013 8:07:41 AM PST by Don@VB (Power Corrupts)
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To: vladimir998

Problem w/Radio Shack. If only 1 guy on floor and tied up.setting up new cell. phone everyone else.out of luck


37 posted on 02/02/2013 8:08:00 AM PST by Don@VB (Power Corrupts)
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To: chrisser

We usually buy all that stuff on eBay at 20% of the price unless like you said we need it immediately. Most of the stuff we buy on eBay is received in about 3 days anyway.


38 posted on 02/02/2013 8:09:33 AM PST by sheana
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To: DemforBush

Reminds me of the late 70’s early 80’s.

“Strip malls” were a relatively new phenomenon, and there were dozens of empty stores that folded or never opened.

It wasn’t until Reaganomics kicked in that stores proliferated again.

Let’s see, who was president in the late 70’s? Oh, that’s right, Jimmy Carter. And who is president now?

Both lefty libs, huh. Whaddyaknow.


39 posted on 02/02/2013 8:16:51 AM PST by P.O.E. (Pray for America)
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To: DemforBush

Took a job last year with Sears (NJ) out of desperation after the company I was with for 15 years went belly up. It was one of their Home Appliance showrooms. They seemed to want to give good service, and expected a great amount of work of us for the possibility of big sales. As much as they had good intentions, we as salespeople still had to deal with Sears customer service, and got the runaround just as much as the poor customer. 3 different agents, 3 different answers, and most often none of them were correct. You had to pray as a salesperson that things went right after the customer placed the order. If things didn’t go textbook, the poor customer was put through hell. Basically, no ability for them to think outside the box. Diversity seemed to be their biggest concern, not the quality of the service. Pure torture as a commissioned associate, as when Sears service and installation caused the customer to cancel their order out of frustration, it came back out of my commission check. I’m so thankful I was able to get out of there and started a great job in Dec.


40 posted on 02/02/2013 8:17:20 AM PST by ropin71 (God Bless our Troops!)
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