Anyone else wondering what going to happen once Sears, JCP, Macy’s etc. go under? If you follow the stock market all are in real major trouble. Millions will be out of work and it could happen quickly.
My read is first quarter 2018 if the Christmas season is bad for them.
Which it will be. The last thing I bought at any of those stores was a carry on bag from JCP in March. First purchase there in three years.
“...Anyone else wondering what going to happen once Sears... go under?...”
Our local Sears is closing and it was a major anchor store for the local mall for decades. Many jobs are being lost.
I am wondering what will happen to the retail jobs and I am concerned that Amazon is becoming a behemoth monopoly. Bezos has accrued way too much leftist power with his personal blog, the Washington Compost.
I am a person who hates mall shopping, however I can see that Amazon’s concentration of power into leftist liberal hands is very dangerous.
Sears could have easily been Amazon had there been a little bit of vision in the corporate offices. They were the Amazon of their day back at the turn of the last century. Sears screwed the pooch big time.