Posted on 03/01/2019 8:10:16 PM PST by Libloather
A recent wave of store closure announcements will hit shopping malls across the U.S., leaving hundreds of storefronts empty.
Just this week, Victoria's Secret said it will shut around 50 locations in 2019 — when it normally closes closer to a dozen each year; Gap said it's closing 230 of its namesake brand's stores over a two-year span; and J.C. Penney announced it plans to shut 18 department stores and nine of its furniture and home locations in 2019.
That builds on recent store closure announcements by Gymboree, Payless ShoeSource, Charlotte Russe and Ann Taylor parent company Ascena Retail, to name a few. A whopping 4,309 store closures were announced by retailers just in the first two months of this year, Coresight Research said in a research note on Friday. That's well ahead of the number of announcements the market research firm was tracking this same time a year ago, it said.
(Excerpt) Read more at msn.com ...
It’s all about control. When we shop from home we don’t socialize with other people. We stay home and watch the news instead which molds us into the guberment controlled comrades that they want us to be.
Exactly.
My grandparents ordered from Sears. My grandmother didn’t drive and my grand dad refused to drive 30 miles round trip to go shopping.
My wife’s grandparents and parents lived in a small mid west town, and the nearest Sears was a hundred mile round trip. So they used the catalog.
They ordered their groceries from the local small grocery store and had the option to pick them up or pay a $ for delivery. They like my grandparents in the spring, summer and early fall bought fresh food from farm stands near by.
VS’s quality has been going downhill for years. They’d’very been better off offering a line of better quality items at higher price points.
Mr wife is a retired RN, and she and her doctor recommended the Omron bp for home use. Our first home one was delivered by the pharmacy which hired our sons as delivery boys while they were in high school.
She dropped the first one, and the drugstore didn’t have the model she wanted. I ordered it from Amazon and got it the next day with free delivery and less than the local drugstore.
“Whoever can come up with a way to “try on” clothes online will be the next Bezos and will drive the last nail into the retail coffin.”
Amazon Prime does that with some brands of clothing. They send you what you think will fit. If it does, you keep it. If it doesn’t, you send it back in the same box and UPS picks it up for free the next day from your porch.
I’ve seen some ads for custom clothing where you use your phone to take measurements. I don’t know how well it works, or how expensive it is, but it is out there now.
While online is certainly a factor, the reason for the store closings is exuberant estimations of growth.
Those projections are in part the result of real estate developers opening new centers that are not economically justified
Zappos has been great for ordering and trying on shoes.
Our DIL has been ordering shoes and work boots for her family for a couple of years.
One grand kid is back east going to college. She found out in the first winter, her California boots were fashionable but not warm and dry. Zappo’s handled that with one computer shopping trip by her mother and her. 2 days later, her new boots that fit were delivered to her dorm.
I am not surprised at all. once the computer as a known size reference, it can figure out the size of everything else in the photo.
I order online from stores that will let you walk in to a brick and mortar and return them. Makes it pretty darn easy.
Let me guess ... Trump’s fault?
https://duckduckgo.com/?q=rolling+acres+mall+pictures&t=ffnt&ia=images
Collin Creek Mall in Plano, TX used to be wall-to-wall with shoppers every weekend. During the Christmas shopping season, you couldn’t find a parking spot. Now it’s practically empty every day of the year. No one goes to malls much anymore.
Though these new online sales taxes may breathe a little life back into it.
That’s exactly how I shop. I don’t go to stores anymore and haven’t for years. I buy my clothing online from stores that you can walk into and return them. A walk to the service desk is all they get from me.
I bought my last car online. A Mercedes E 350. Found it online, made the deal thru email and the salesman delivered it with all the paperwork for us to sign. Did it in the driveway.
Victoria’s real secret is that she’s a Ho.
Was a great mall until Stonebriar was built. Everyone flocked over to Frisco. Can’t stand Stonebriar!
Hahah! That too!
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