Posted on 06/11/2014 6:47:47 AM PDT by dennisw
75 comments on this over here>>>>
http://www.rickackerman.com/2014/06/retail-death-rattle-grows-louder/
In the Obama Era, bad news such as listed here, is just not reported.
If a Republican were president, I bet that we would hear much more about business failures and struggles of major retailers.
Instead, we get doctored unemployment figures, and other distorted economic news.
The media just can’t bring themselves to report anything which would reflect badly on the Obama administration policies.
Any bad news which does get reported, gets reported with the qualifier that some outside force caused the problems. For example, the recent reports that the economy contracted in the 1st quarter of 2014 was blamed on bad weather.
In the era of Obama, any bad things happening will be blamed on some outside force out of anyone’s control, rather than on the policies of this president.
Why do we need so many damn stores anyway?
We just need one store. O-Mart.
Everything you need in one aisle.
Open every day but Monday, Tuesday, Wednesday, Thursday, Friday and Saturday. Open Noon to 1 on Sunday (closed for lunch between 12:15 and 12:45)
Free shipping (please allow five to ten business years)
IRS Agents on hand to assist with all forms of payment.
Fascinating article!
My wife and I buy pretty much everything online anymore. Had to go to the Apple store at the Mall a few weeks ago. But for the Apple store, the Mall was EMPTY.
Retail space is no measure of anything as floor space is real cheap right now and cheaper than in any other country due to land being available.
A better measure is stock holdings: How much merchandise is available.
Strange, isn't it, how some of us actually like the idea that we are able to park off a busy street and not stand in a long line during very limited daytime hours to mail a package.
—already achieved in Venezuela, —the Obama goal for the U.S.—
I’ve heard rumors that some shopping malls will be converted into Section 8 housing. I’ve seen some malls with a number of empty storefronts, which makes you wonder how the mall owners are making money. Most mall owners have a mortgage to pay, which they pay from the rental income from their retail tenants.
I’ve also migrated to buying lots of everyday household items online as well. Our experience can be multiplied by millions across the country. There is not as much need for as much retail shopping space as in years past, due to online shopping.
The media and their party politicized the economy for their own purposes. When their media started crowing about the 1st recovery summer, just a few months after baraq slithered into office, I knew then it was bs.
When Reagan inherited a much bigger mess from Carter, it took a couple of years to turn the economy around. And yet baraq got credit for turning it around in a few months.
Here we go into wreckovery summer version 6.0
My own person observations recently reflect what this guy is saying. This year I have seen a noticeable drop off in the number of customers in Walmart and in the grocery stores and the traffic on the roads is even substantially lower. I know it’s not scientific by any means but it mirrors what he is saying indirectly. I think it reflects that people have less money to spend and that there a larger percentage of the people are unemployed than the lies from the WH suggest.
I’ve ridden one of my motorcycles all over the state of VA for years. I ride about 20k miles a year.
Two things I’ve observed in the last 2 years:
1. Businesses closing down all over the place, one’s that have been there for years.
2. Thousands - and I mean thousands - of acres of old hardwood forest are being clear-cut everywhere. Heart-breaking. Appears land-owners are desperate for the money.
It ain’t good out there folks - and it is a lot worse than anyone will let on......
I think Amazon and other on-line outlets have a lot to do w/ retail’s troubles.
Yep, we’re on the verge of yet another recovery summer.
What were the results of other recovery summers? Anything to write home about????
Yeah, AFTER we discovered elite liberals had broken into the storehouse and walked off with everything they hadn't already stolen...
And the folks that have put up savings will see their hard earned money devalued to 10% of their investment. All that sacrifice for nothing, as they are just as broke as those that saved nothing.
Lots of empty storefronts here in MA. I’ve lived near Framingham, which is the shopping capital of Massachusetts, for about 50 years. Prior to the fundamental transformation of America, I had never seen an empty storefront. Now they’re everywhere. Maybe 5-10%. And two major stores were replaced by a giant Salvation Army store, and another similar second-hand store.
The first sign a store is in trouble is when there are fewer staff to assist you.
The next sign is when the shelves are not kept fully stocked.
And the last sign is when they begin to scrimp on maintenance and keeping the place clean.
I’ve been a Costco member since 1988 and moved from Seattle to central KY in 2011. We went from having five or six costcos within 30 minutes to having one within 1 hour and 45 minutes. Enter Costco online and free shipping.
We do most of our shopping at Costco online and amazon. Locally we use Lowe’s for building supplies and Tractor Supply for everything else. And we rarely eat out. Yeah, we just turned 60. We’re in that cheapskate group. We don’t even do cable TV...
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