hussein’s $9 min. wage will put many more companies into the red. Just another chapter in his book to destroy America.
This makes no sense whatsoever. I really thought that all these entitlements, welfare, extended unemployment, extented unemployment extensions, foodstamps, and on and on were stimulating. With so much of all this, you’d think we’d be in BOON times.
They continue to pursue the same policies that got us into this mess.
A. Of course they do - they want us in this mess.
B. Did all posts since the installation of the new server get backed-out?
Because I can buy online?
Internet sales are exploding.
A large part of the brick and mortar retail collapse is the move from physical to virtual shopping, including instant delivery of goods throught the internet. Getting what you want the same day you buy it used to be the exclusive domain of brick and mortar store, but now movies, games, and music are all downloadable from the comfort of your couch.
The internet also allows low-effort comparison shopping and fewer trips to stores, sauntering around the mall all day to see which stores had the best products and prices aren’t done with the same regularity as before. Even a trip to a store to handle a product one intends to purchase doesn’t mean that they’ll buy, since smartphone apps allow instant scanning and price comparison of product bar codes.
Many retail stores, as they operate today, are naturally going to either change or fail the same way general stores had to change or fail when Sears came to dominate the market, and town center stores fell apart when shopping plazas were built on town outskirts.
The current business environment isn’t the cause, but the policies of the government which discourage risk and investment if they don’t favor the administration’s goals of the moment aren’t helping anything.
Their current on time delivery inventory system is only on time with delivery two - three weeks from the time they run out of a product to restocking it and sold out again in about two days time. That is one of their main reasons for loss.
They have storerooms & they need to use them to maximize store sales. Bentonville needs to listen to the managers.
Second thing is cater to the customers who gave Walmart it's support to start with. Reopen layaway year around. More costly items may be risked
Well duh, like look at what the Obama regime is all about, its communism. Deconstruct America so everyone is standing in line all day for a few turnips and some garlic just like the old Soviet Union.
Stupid ass liberals whining their new system is failing, its their fault they rode on the socialist bandwagon with Obama at the wheel. Make Obama answer to his ineligibility.
Fix the problem, stop whining about it.
“Greenspan somewhat shocks a Botox’d and babbling Bartiromo when he admits “the stock market is the key player in the game of economic growth.” “
1. So called “banks” and “insurance” listed on the Exchange:
2. Phony time-due paper of #1, MBS and phony mortgages constantly bought up by Fed.Reserve fascism.
3. Government communist pensions in the phony so called “free” market. Force taxing everyone else.
Obama economy + Amazon/online sales, in answer to the question.
Now I’ll read the article and the comments.
It's the Ubama recovery duh.
After the first go round on this piece it occurred to me what is actually happening. The reason for the problem is unjustified expectations.
The consensus of corporate vice presidents responsible for growth management was to extrapolate some known trend and then perhaps to be on the safe side, add maybe 20%.
The result of that exercise was placing stores in areas known to have marginal sales but predicted to grow. When the economy plateaued, the marginal stores became a drag.
The statistics are not necessarily indicators of a bad economy, but indications of poor prognostication biased toward perpetual growth. If growth was the means of economic survival, then those businesses will fail.
Rite Aid, Circuit City