Posted on 05/03/2015 4:02:11 PM PDT by dennisw
Shrink-to-fit regime of recirculating debt.
When the factions are done robbing people through both political parties from every level of government, maybe we’ll produce something.
Where are these stores closing? In Democrat/Communist run inner cities? Gee! I wonder why? /s
Yup. That too. The golden goose of the American middle class is having the goose scat squeezed right out. And there are no green shoots in the scat.
Made in china. I worked there 3 years ago and it was designer junk. Oprah could buy a designer bag for 30k or more but her followers would have to have the same name bag, not exclusively hand made but made in china’s sweat shop. what’s with coach or michael what’s his name? Ugly, too, imho.
Sheeple, pure and simple.
Add Pinterest to that. I found a recipe for Annie Sloan chalk paint and very cheaply revamped my parents’ old bedroom furniture for my daughters’ room. They love it! I also got some great ideas for free or cheap raised garden beds. My husband wasn’t too excited about the free, old picnic table I brought home, but it gave us two 4x8 raised beds.
We had a brand new one open up down the street and one year later gone. I walked there. So nice to have a local grocery store. I do read labels so couldn’t get some of the stuff, but I hate walking 10 miles in a box store.
Many of them may be closing because they lose too much to shoplifters and after the riots begin, looters. It’s hard to burn down amazon.com.
People don’t have money to shop, because our government is making us a third world, socialist welfare state where everyone, except politicians and their cronies, will be equally poor.
Yes, ZH is interesting, but they’ve been predicting imminent doom for quite some time now. They are sort of the secular version of those always looking for signs of the end times.
Not too long ago, I wasted close to three hours on a Saturday morning looking for some tools and hardware at a Home Depot, a Lowes and a local hardware store. I eventually found most of what I needed but was able to locate online within minutes the things I couldn't find. And in the process, I realized I overpaid for the things I did find.
Amazon Prime...not a bad deal. For $99 a year, you get most Amazon items delivered to your home in two days with no extra shipping charges. And you get a bunch of on-demand movies and TV shows to watch in the bargain.
If even cantankerous middle-aged men like me would rather buy things online than going to the stores, then yes, I think it's time to say bricks and mortar retail is in real trouble.
It surprised me that 340 “dollar stores” (Dollar Tree/Family Dollar) are closing. I would have thought this sector to be thriving—unless this is a shakeout due to saturation of the market.
I’m also a bit surprised not to see Target stores mentioned on the list.
I’m surprised that things are the way they are because for almost 7 years now the Fed has pumped $85 billion per month into the economy
It appears that all that money has been used to pump up the stock market to give the illusion that things are getting better, when in fact little of the pumped cash has tricked down to the middle class.
Food stamps, SSDI, Section 8 housing, and other freebees are straining the fed and the taxpayers.
Soon like zero hedge I can see the house fall.
With the fed pumping it’s like being on a ventilator. Sure technically you are alive but seriously everyone knows you are dead.
Another factor? A collapse in our birth rate.
also worthy of note is that people are buying stuff online
I agree
I don't even use drive up windows...fast foods, banking, nothing...I hate them!!!
Einstein Bagels doesn’t surprise me at all. They are open about 4 hours a day in the morning for breakfast and then closes the rest of the day and closed on Sunday. Not at all a good business model if you want to be successful. I actually am surprised Honey Baked Ham’s haven’t been closed. They have the worst hours too....lunch and that is it...closed weekends.
Our taxes are too high
Wait until Barney is done with us.....we literally will be getting a stipend every month.
The illegals dont know that the lifeboat is full already,
Agree about Pinterest! Sounds like you worked a winner! Good for you and your family!
Build a bear is really neat. We had our daughter do one and she loves it. The problem with that is most likely no repeat customers because after you build your bear you most likely want another one as they were satisfied.
Hallmark stores are closing, like you said. KFCs are becoming extinct. Why so many remain open is a question mark to me since delis at local grocery stores sell friend and baked chicken at half the price. The Ross (Dress for Less) stores in this area are tacky with shopping carts that have poles on them so they can tell where the shoppers are located. I shop at our local TJ Maxx, always clean, organized and always find bargains there.
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